Lula says Brazil cannot ‘accept treatment’ after new US tariffs proposed
Summary
Brazilian President Luiz Inacio Lula da Silva criticized new tariffs proposed by the United States, saying Brazil cannot accept the way it is being treated. The US government announced a 25 percent tariff on some Brazilian imports after an investigation into trade practices. Lula said Brazil wants good relations with the US but will look for other partners if needed.Key Facts
- The US proposed a 25 percent tariff on certain Brazilian imports.
- Lula said he was surprised by the tariffs and wants to maintain good relations with the US.
- The tariffs follow a US investigation claiming Brazil’s trade practices are unfair.
- US Trade Representative Jamieson Greer mentioned issues like illegal deforestation and ethanol market access in the probe.
- The US claims a large trade deficit with Brazil, but data shows the US actually has a trade surplus.
- The tariffs use Section 301 of US trade law, which targets unfair trade practices.
- Some Brazilian products, like beef, coffee, and aircraft parts, are exempt from the new tariffs.
- Lula faces a tough re-election battle in November, running against Senator Flavio Bolsonaro, son of former President Jair Bolsonaro.
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