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Trump’s New Political Tariff Pageantry Hits Brazil — and American Consumers
BRAZIL, JUL 14 – The decree enables Brazil to impose countermeasures against countries imposing unilateral trade barriers, including a 50% tariff by the U.S. on Brazilian exports starting August 1, 2025.
- On Monday, July 15, 2025, President Luiz Inácio Lula da Silva signed a decree in Brasília regulating Brazil's Trade Reciprocity Law to counter U.S. tariffs.
- This legislation, passed in March and put into effect in April, serves as a response to rising trade conflicts following U.S. President Donald Trump's declaration of a 50% duty on Brazilian goods set to take effect August 1.
- Brazil formed an interministerial working group involving industrial and agribusiness leaders to develop targeted and proportionate countermeasures, with Vice President Geraldo Alckmin leading its initial meetings.
- A senior aide warned, "whoever reciprocates will be hurt more," reflecting concerns that retaliation could squeeze Brazilian producers more than U.S. exporters and invite tit-for-tat escalation.
- The law authorizes Brazil to impose trade restrictions against unilateral foreign actions harming its competitiveness, signaling a strategy to deter U.S. economic pressure amid political complexities.
56 Articles
56 Articles
Trump’s new political tariff pageantry hits Brazil — and American consumers
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