According to online reports, according to CCTV News, on the 14th local time, Brazil established the "Negotiation and Economic and Trade Countermeasures Committee" to assess the possible impact of US President Trump's announcement of imposing a 50% tariff on Brazil on its economy and discuss potential countermeasures. Brazilian Vice President and Minister of Development, Industry and Trade Alkmin said at a press conference held on the 14th that the committee will hold two meetings with the industrial and agricultural sectors on the 15th local time. Alkmin said that conducting extensive dialogue with exporters is the first step for the Brazilian government to respond to the Trump administration's tariff policy. He said that if the U.S. tariff policy takes effect, Brazil will take countermeasures. The committee is chaired by Alkmin. Brazilian President Lula will also meet with some entrepreneurs through this committee.