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HomeWorld'Brazil is a sovereign nation': Lula hits back at Trump's 50% tariffs

'Brazil is a sovereign nation': Lula hits back at Trump's 50% tariffs

July 10, 2025 / 07:14 IST
Lula Reacts To Trump's 50% Tariffs

Brazilian President Luiz Inácio Lula da Silva vowed reciprocal action, declaring, “Brazil is a sovereign nation and will not accept tutelage,” following Trump’s imposition of a 50% tariff.

Trump explicitly linked the sharp tariff hike to Brazil's treatment of former President Jair Bolsonaro, denouncing his ongoing coup trial as a "witch hunt."

"Any measure to unilaterally raise tariffs will be responded to in accordance with Brazil's Economic Reciprocity Law," Lula's office stated in a strong declaration, signalling a potential trade war between the two largest economies in the Americas.

(This is a developing story)

Moneycontrol World Desk
first published: Jul 10, 2025 07:14 am

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