EconomyBrazil’s Lula triggers reciprocity process against US tariffs to show strength

Brazilian President Luiz Inácio Lula da Silva has initiated a reciprocity process in response to U.S. tariffs. In July, President Donald Trump imposed duties of up to 37.5% on hundreds of Brazilian exports, while his administration accused Brazil of unfair trade practices. Lula rejected the accusations, calling them politically motivated ahead of Brazil’s October election.