Brazil's Lula vows response after US announces new tariffs
said Wednesday it would impose a new 25% tariff on certain imports from Brazil, citing unfair trade practices by the world’s 10th-largest economy.
It said it has taken steps to impose reciprocal tariffs, along with other trade-related countermeasures, through its own law and through the World Trade Organization’s dispute settlement mechanism.
Brazil President Luiz Inácio Lula da Silva on Friday said Brazil would not accept any other country "disrespecting" the nation as he commented on a the trade dispute with the United States.
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