President Lula stated on Thursday (3) that Brazil "respects all countries but demands reciprocity" and that protectionism no longer has a place in the modern world. His remarks came in response to U.S. President Donald Trump’s tariffs on Brazilian products.
"In light of the U.S. decision, we will take all necessary measures to defend our companies and our Brazilian workers," Lula said.
According to the president, Brazil’s response will be guided by the law enforcing reciprocity in environmental and trade regulations with other countries—passed by Congress on Wednesday (2)—as well as by WTO guidelines. Days before the announcement, Lula had said during a visit to Vietnam that he saw no issue in speaking with the U.S. president to negotiate a deal that could prevent tariffs between the two countries.
It had already been announced that a 25% tariff would be imposed on all automobiles manufactured outside the United States, along with an increase in duties on Brazilian steel and aluminum exports, which will also rise to 25% starting March 12.
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