Category: Business
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US Initiates Investigation into Brazil’s Trade Practices
The United States has initiated an investigation into Brazil’s trade practices under Section 301 of the Trade Act of 1974. The investigation, announced by the Office of the United States Trade Representative, aims to determine whether Brazil has engaged in unfair trade practices that restrict U.S. exports. The investigation will focus on various areas, including…
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U.S. Launches Investigation into Brazil’s Trade Practices
The United States has initiated an investigation into Brazil’s trade practices under Section 301 of the Trade Act of 1974. The investigation, announced by the Office of the United States Trade Representative, aims to determine whether Brazil has adopted unfair trade practices that restrict U.S. exports. The probe will focus on several areas, including digital…
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Government will work to reverse US tariffs, says Alckmin
The federal government will work to reverse the imposition of tariffs on Brazil’s exports to the United States, announced on Wednesday (9) by President Donald Trump. “We will work to reverse this, because this tariff makes no sense. It even harms the American consumer as well. We understand that it is inappropriate and unjustified. We…
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Lula warns of 50% tariffs on U.S. products after Trump’s trade threat
Brazilian President Lula da Silva threatens 50% retaliatory tariffs on U.S. products if Trump follows through on his threat over Bolsonaro’s trial, escalating trade tensions.
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Lula warns of 50% tariffs on US products after Trump’s trade threat
President Luiz Inácio Lula da Silva states that the US must respect his country — and he is ready to impose retaliatory tariffs if President Donald Trump proceeds with the threat of applying a 50% tariff on Brazilian imports starting August 1st. Trump published the alert in a letter on social media, citing what he…
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International Press Reports on Trump’s Tariff Hike Against Brazil
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Newspapers around the world reported on the imposition of a 50% tariff announced by U.S. President Donald Trump on all Brazilian products exported to the United States. In a letter posted on social media and addressed to President Luiz Inácio Lula da Silva, Trump says the tariffs will take effect on August 1st. In the…
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U.S. Tariffs Expected to Drive Down Prices and Affect Strategic Sectors
The imposition of 50% U.S. trade tariffs on all Brazilian exports will effectively close the market between the two countries, impacting strategic industrial sectors, jobs, and food prices, according to experts.
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Brazil Will Respond to US Tariffs with Reciprocity Law, Lula Says
President Lula announced that Brazil will invoke the Reciprocity Law in response to the 50% tariff imposed by the US on its exports.
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Brazil will respond to US tariffs with reciprocity law, says Lula
President Luiz Inácio Lula da Silva stated on Wednesday (9) that Brazil will respond to the 50% tariff on all its exports to the United States by invoking the Reciprocity Law. On social media, the president defended Brazil’s sovereignty and rejected the claim by US President Donald Trump that the tax is due to a…
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Trump Sets 50% Tariff on Brazil, Criticizing Treatment of Former President Jair Messias Bolsonaro
President Trump announced a 50% tariff on Brazilian products starting August 1st, harshly criticizing the treatment of former President Jair Bolsonaro, whom he called a victim of a “witch hunt.”