Brazil's President Says They Will Respond to US Tariffs
TechFlame
2025-07-09 23:42
TechFlame2025-07-09 23:42
English
TechFlame reports that in response to US President Trump's claim on social media on July 9, local time, that 50% tariffs will be imposed on products imported from Brazil from August 1, Brazilian President Lula issued a statement saying that “the US has a trade deficit with Brazil” is pure false information. Official US statistics show that over the past 15 years, the US has achieved a cumulative surplus of 410 billion US dollars in trade in goods and services with Brazil. In view of this, any unilateral imposition of tariffs will be responded to on a reciprocal basis in accordance with Brazil's Commercial Reciprocity Law. Lula stressed that national sovereignty, mutual respect, and firm defense of the interests of the Brazilian people have always been Brazil's core principles in handling international relations. (CCTV International News)