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Lula Won’t Invoke Reciprocity Law as U.S. Tariffs Land

By Drooid · · How we work

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Story summary
  • President Luiz Inácio Lula da Silva said he will not invoke Brazil’s reciprocity law against the United States.
  • The United States imposed 25% tariffs on selected Brazilian goods in July, citing unfair trade practices.
  • Washington also levied 12.5% tariffs on goods from dozens of nations, including Brazil, over alleged forced-labor lapses.
  • Lula told President Donald Trump in an August call that negotiations are the best way to resolve the dispute.