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Euronews
Euronews
Jeremiah Fisayo-Bambi

Lula vows retaliatory tariffs if Trump imposes 50% levies on Brazil

Brazilian President Luiz Inácio Lula da Silva had said that he would impose retaliatory tariffs on the United States if Trump follows through on a pledge to increase levies by 50% in response to the South American country's criminal trial against his predecessor, Jair Bolsonaro.

Lula said he will trigger Brazil's reciprocity law approved by Congress earlier this year if negotiations with Washington fail.

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