Brazil will respond to Trump tariffs using reciprocity law, President Lula says
Investing.comWednesday, July 9, 2025 at 11:58:22 PM
Brazilian President Lula has announced that Brazil will respond to former U.S. President Trump's proposed tariffs by invoking a reciprocity law—essentially matching whatever trade restrictions the U.S. imposes. Lula framed this as a matter of fairness, signaling that Brazil won’t back down from a potential trade standoff.
Editor’s Note: Trade tensions between the U.S. and Brazil could escalate if Trump returns to office and follows through on his protectionist rhetoric. Lula’s stance shows how global trade is becoming increasingly transactional, with countries less willing to absorb economic hits without pushback. For businesses and consumers, this could mean higher costs and fewer choices if tit-for-tat tariffs take hold.
— Curated via WP Now’s
