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Brazil President Lula authorises retaliation process against Trump’s tariffs

The move was reported earlier by O Estado de S. Paulo newspaper

August 29, 2025 / 19:36 IST
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Donald Trump, Trump tariff, Luiz Inacio Lula da Silva, Brazil, Brazil news
Lula has expressed frustration with a lack of dialogue with the Trump administration since US Treasury Secretary Scott Bessent canceled a meeting with Finance Minister Fernando Haddad earlier this month

Brazilian President Luiz Inacio Lula da Silva authorized the start of a process to retaliate against the 50% tariffs imposed by Donald Trump, Vice President Geraldo Alckmin said.

The US government will be formally notified of the decision on Friday, according to a person familiar with the matter, asking not to be identified without authorization to speak publicly. The move was reported earlier by O Estado de S. Paulo newspaper.

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The plan, an initial step designed to encourage talks before escalating a trade war, was discussed during a meeting between Lula and cabinet ministers on Wednesday, the person said.

“I hope this helps accelerate dialogue and negotiation,” Alckmin said.