Brazilian President Luiz Inácio Lula da Silva said on Friday that his government is considering reciprocal tariffs on U.S. goods after Washington imposed a 50% duty on Brazilian imports earlier this month.
“This is a process that takes some time,” Lula told Rádio Itatiaia. “We have to tell the United States that we also have actions we can take against them.”
The move would mark the first test of Brazil’s new reciprocity law, unanimously approved by Congress in April. The legislation authorizes the government to adopt retaliatory measures against unilateral trade actions deemed harmful to Brazilian competitiveness.
The Chamber of Foreign Trade (Camex) has 30 days to decide on a response. If approved, trade specialists will draft proposals, with Brazil’s Foreign Ministry formally notifying Washington during the process.
U.S. President Donald Trump justified the tariff, which took effect on Aug. 6, as a political measure, citing what he described as judicial persecution of former Brazilian president Jair Bolsonaro. Bolsonaro, who governed from 2019 to 2023, faces multiple investigations, including allegations that he sought to overturn the 2022 election won by Lula.
Despite the standoff, Lula said he remains open to dialogue. “I’m not in a hurry. What I want is to negotiate,” he added. Brazil has already filed a complaint with the World Trade Organization (WTO).
The United States maintains a trade surplus with Brazil. Bilateral trade in goods and services reached nearly $127.6 billion in 2024, up from the previous year.
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The U.S. military has said it carried out defensive strikes in southern Iran after boats were seen laying mines in the Strait of Hormuz. Meanwhile, U.S. Secretary of State Marco Rubio said peace talks could drag out for several more days while the language of a deal is finalised.
The new AnewZ documentary, TARGET: Yerevan, builds its explosive case on exclusive, secret recordings originally published by Minval Politika.
Tehran has sent a senior delegation to Qatar for indirect talks on a possible peace deal with Washington amid rising tensions following a U.S. air strike on an Iranian island in the Strait of Hormuz.
Japan and the United Nations Development Programme are launching a $3 million environmental project in Kazakhstan to support the Caspian Sea and improve water monitoring, amid growing concern over falling sea levels and risks to regional trade routes.
A peace agreement between Washington and Tehran is yet to materialise, with U.S. President Donald Trump saying that negotiations are incomplete and an Iranian Foreign Ministry Spokesman saying that a deal isn't imminent.
Start your day informed with the AnewZ Morning Brief. Here are the top stories for 25th May, covering the latest developments you need to know.
Start your day informed with the AnewZ Morning Brief. Here are the top stories for 26 May, covering the latest developments you need to know.
The World Health Organization warned on Monday that the fast-moving Ebola outbreak in the Democratic Republic of the Congo and Uganda was outpacing response efforts, with 220 suspected deaths reported so far.
Shortly after nine o’clock on Tuesday morning (26 May), a sleek white train eased into Tbilisi’s central railway station, a couple of minutes behind schedule, carrying passengers from Baku for the first time since 2020.
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