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Lula Government Says New U.S. Tariff Threat Is Protectionist and Warns of Reciprocity
Key takeaways
- In a statement, the Brazilian government mentioned the possibility of invoking the Reciprocity Law, unanimously approved by Congress, and said it expects the measure not to be implemented.
- Earlier, the United States had already proposed a 25% tariff on Brazilian products, alleging unfair trade practices.
- The Lula administration rejected the link between Brazil's competitiveness and labor-rights violations.
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In a statement, the Brazilian government mentioned the possibility of invoking the Reciprocity Law, unanimously approved by Congress, and said it expects the measure not to be implemented.
It was the second tariff threat in the same week. Earlier, the United States had already proposed a 25% tariff on Brazilian products, alleging unfair trade practices. The final decision rests with Donald Trump.
The Lula administration rejected the link between Brazil's competitiveness and labor-rights violations. "The International Labour Organization has recognized Brazil for decades as an international reference in combating forced labor," the statement said.
Article preview — originally published by Folha (English). Full story at the source.
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