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Lula pushes back on US tariffs, says Brazil is the one running a trade deficit
Brazilian President Luiz Inácio Lula da Silva on Tuesday rejected the US government's argument that Brazil engages in “unreasonable” practices in the bilateral relationship, arguing that it is Washington that runs a trade surplus with his country. If anyone should impose tariffs, he said, it would be Brazil.º
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supplychaindive.com
USTR floats 25% tariff on Brazil imports
The agency proposed the levy as a result of a Section 301 investigation launched last year, with a public hearing set for July 6.
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apnews.com
Trump administration proposes 25% tariffs on Brazil despite extensive US trade surplus
The Trump administration proposed 25% tariffs on imports from Brazil, charging that the world’s 10th-biggest economy engages in trade practices that are “unreasonable’’ and that…
