Brazil's Lula Pledges Retaliation to Trump Tariffs but Keeps Diplomacy Open
President Luiz Inacio Lula da Silva said he wanted to find a diplomatic solution to U.S. President Donald Trump’s threat of 50% tariffs on Brazilian exports, but vowed to reciprocate like-for-like if they take effect on August 1.
"We'll first try to negotiate, but if there's no negotiation, the law of reciprocity will be put into practice," Lula said in an interview to Record TV, citing a law Congress recently passed giving the president powers to retaliate against trade barriers...
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