https://sputniknews.in/20250711/brazil-shreds-trumps-tariff-threats-9431083.html
Brazil Shreds Trump's Tariff Threats
Brazil Shreds Trump's Tariff Threats
Sputnik India
Brazilian President Luiz Inácio Lula da Silva delivered a sharp response after US President Donald Trump imposed a 50% tariff on Brazilian imports. 11.07.2025, Sputnik India
2025-07-11T11:33+0530
2025-07-11T11:33+0530
2025-07-11T11:33+0530
world news
lula da silva
donald trump
us
brazil
https://cdn1.img.sputniknews.in/img/07e9/07/0b/9431069_0:160:3073:1888_1920x0_80_0_0_fb4f77d1ff3fa8ac37007d0bb602bc7d.jpg
“Statistics from the US government itself show a surplus of $410 billion in the trade of goods and services with Brazil over the past 15 years,” Lula hit back with facts. Brazil warned that any unilateral tariff hikes will be met under its Economic Reciprocity Law — signaling that retaliation is on the table.Brazil will introduce mirror duties on US goods from August 1, if the US leadership does not cancel the previously announced 50% tariffs on Brazilian products by that date. This was announced by the leader of the South American republic, Luiz Inacio Lula da Silva.
https://sputniknews.in/20250710/trumps-economic-war-on-brics-could-speed-up-us-decline-experts-9428089.html
us
brazil
Sputnik India
feedback.hindi@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
2025
Sputnik India
feedback.hindi@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
News
en_IN
Sputnik India
feedback.hindi@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
Sputnik India
feedback.hindi@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
lula da silva, donald trump, us, brazil
lula da silva, donald trump, us, brazil
Brazil Shreds Trump's Tariff Threats
Brazilian President Luiz Inácio Lula da Silva delivered a sharp response after US President Donald Trump imposed a 50% tariff on Brazilian imports.
“Statistics from the US government itself show a surplus of $410 billion in the trade of goods and services with Brazil over the past 15 years,” Lula hit back with facts.
Brazil warned that any unilateral tariff hikes will be met under its Economic Reciprocity Law — signaling that retaliation is on the table.
Brazil will introduce mirror duties on US goods from August 1, if the US leadership does not cancel the previously announced 50% tariffs on Brazilian products by that date. This was announced by the leader of the South American republic, Luiz Inacio Lula da Silva.
"If there is no decision [from the US to cancel the duties], we will move to the principle of reciprocity from August 1," the head of state said in an interview with the local newspaper Jornal Nacional.
