Brazil's Lula pledges reciprocity after Trump tariff announcement
Brazilian President Luiz Inacio Lula da Silva on Wednesday said that his nation would act with reciprocity, hours after U.S. President Donald Trump slapped Latin America's largest economy with 50% tariffs on exports to the U.S.
"Any measure to unilaterally raise tariffs will be responded to in accordance with Brazil's Economic Reciprocity Law," Lula's office said in a statement.
This article was produced by Reuters news agency. It has not been edited by Global South World.
