Brazilian President Luiz Inacio Lula da Silva said on Friday that his administration is working to protect the country's economy, businesses, and workers in response to the recent tariffs imposed by the U.S. government. The Brazilian president also said that the Latin American country has always been open to dialogue with the United States.
Lula condemned the U.S. tariff measures as unjustified and politically motivated, calling them a violation of Brazil’s sovereignty.
The president warned that if the proposed U.S. tariffs take effect, Brazil will consider retaliatory tariffs on certain American goods.
The trade dispute between the two countries escalated after U.S. President Donald Trump signed an executive order on Wednesday, imposing an additional 40 percent tariffs on Brazilian imports starting August 6. While certain products, such as Brazilian aircraft, nuts, orange juice, and some metals, were exempted, the move will raise tariffs on most Brazilian goods entering the United States to 50 percent.
Brazilian president slams U.S. Tariffs, vows to protect economy
Brazilian president slams U.S. Tariffs, vows to protect economy
