Lula Authorizes Retaliation Process Against Trump’s Tariffs

Brazil launched a process to explore retaliatory measures against the 50% tariffs Donald Trump imposed, although President Luiz Inacio Lula da Silva emphasized that he's still seeking negotiations with the US.

Lula authorized the start of a 30-day review of the effects of the higher US levies on a variety of Brazilian goods, followed by a government examination of potential countermeasures.