‘Any unilateral move will face a response’: President Lula hits back after Trump imposes 50% tariff on Brazil; warns of reciprocal action
Brazil’s President Lula Da Silva has vowed retaliatory measures against the US following Donald Trump’s imposition of a 50% tariff on Brazilian goods. Da Silva refuted Trump’s claim of a trade deficit, citing a US surplus of $410 billion over 15 years. He emphasized Brazil’s sovereignty and adherence to its Economic Reciprocity Law in response to any unilateral tariff hikes.