Brazil opens consultations on retaliation after new US tariffs
Brazil has opened consultations on possible retaliatory measures after the United States imposed 25% tariffs on a range of Brazilian exports. The move marks the start of a reciprocity process, but Brazilian officials have not yet decided whether to proceed with countermeasures. The government said it will continue to defend its position in all appropriate forums.The tariffs announced in July affected some Brazilian imports including sugar, clothing, paper and steel, according to the supplied material. Washington also imposed an additional 12.5% tariff on Brazil and several other countries, citing allegations of weak enforcement of bans on forced labour. Brazil described... [Continue Reading]
360LiveNews | 14 Aug 2026 05:33 LONDON
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