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Brazil President: We will reciprocate if Trump imposes customs duties economy

manhattantribune.com by manhattantribune.com
30 January 2025
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Brazil President: We will reciprocate if Trump imposes customs duties economy
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Brazilian President Luis Inacio Lula da Silva threatened today that his government would likely respond if US President Donald Trump decided to impose customs duties on his country’s economy.

“It is very simple,” Lola told a press conference in Brazilia.

He pointed out that he would like to have mutual respect between him and Trump as two -elected leader. He hopes to improve trade relations between the two parties.

The Brazilian President – whose country’s economy is the largest economy in Latin America – has not provided details about the goods that his government can target, or those that may face risks from the United States.

Trump has repeatedly threatened to impose customs duties on the goods coming from Mexico and Canada, to be tired of February 1, while Brazil was sometimes included in the countries that impose heavy costs on manufactured goods in the United States.

Lula da Silva’s position mimics Canadian Prime Minister Justin Trudeau, who said that his country is ready to respond with counter -fees if Trump carried out his threats. Mexico President Claudia Shinbom said earlier that her government has plans to respond to America if customs duties were imposed, but she did not provide details.

Tags: BrazilcustomsdutieseconomyimposesPresidentreciprocateTrump
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