Brazil’s Lula threatens retaliatory tariffs if US raises import taxes

July 11, 2025

Brazilian President Luiz Inácio Lula da Silva warned Thursday he would impose retaliatory tariffs if the US hikes import duties by 50%, citing Brazil’s prosecution of ex-leader Jair Bolsonaro. Lula said he would invoke Brazil’s reciprocity law if talks fail, following Congress’ approval earlier this year.

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