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)
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