HawkInsight

  • Contact Us
  • App
  • English

Brazilian President: Tariff negotiations with the United States will be held if they fail, they will be counteracted accordingly

According to online reports, according to CCTV News, after the United States announced that it would impose a 50% tariff on Brazilian goods starting from August 1, Brazilian President Lula said in an interview on July 10 local time that Brazil would conduct tariff negotiations with the United States. If they are ineffective, reciprocal countermeasures will be taken. Lula said that Brazil will give priority to tariff negotiations and file a lawsuit in the World Trade Organization over the US unilateral tariff increase measures. He emphasized that if the negotiations were ineffective, reciprocal countermeasures would be taken in accordance with Brazil's Economic Reciprocal Law and a 50% tariff on Brazilian products exported to the United States.

Disclaimer: The views in this article are from the original Creator and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.

NewFlashHawk Insight
More