Brazil Threatens Retaliatory Tariffs Against U.S

This is a U.S. news story, published by CBS News, that relates primarily to Lula news.

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tariffs

CBS News

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World

Brazil warns it will raise levies on U.S. products if Trump follows through on threat of 50% tariff

Summary

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70% Informative

President Luiz Inácio Lula da Silva says he would impose retaliatory tariffs on the U.S. if President Donald Trump follows through on a pledge to boost import taxes by 50% over the South American country's criminal trial against his predecessor, Jair Bolsonaro .

Lula 's comments raise the risk of a tariffs war erupting between the two countries, similar to what has happened with China .

The U.S. Court of International Trade ruled in May that Trump had exceeded his authority by declaring an emergency to impose tariffs without congressional approval.

The Trump administration is appealing that decision, but opponents plan to use his letter to bolster their case.

Lula says Bolsonaro should take responsibility for agreeing with Trump 's taxation to Brazil .

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formal

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English

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not offensive