THE GUARDIAN: Brazilian president convened country’s ministers to discuss how his government should address US duties
Brazil is drawing up plans to hit back against 50% US tariffs on the country’s exports, setting the stage for further escalation in Donald Trump’s trade war with Latin America’s largest economy.
The US president vowed to impose steep duties on Brazilian goods on Wednesday, accusing the country of conducting a “witch-hunt” against its former president, Jair Bolsonaro, who is facing a trial over his attempt to overturn his 2022 election defeat.
Luiz Inácio Lula da Silva, Brazil’s current president, swiftly indicated that it would retaliate. “Brazil is a sovereign nation with independent institutions and will not accept any form of tutelage,” he said in a statement. » | Callum Jones in New York | Thursday, July 10, 2025
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