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Brazil Threatens Retaliation After US Slaps 25% Tariffs on Its Exports
The Guardian·Friday, 17 July 2026
Brazil has vowed to retaliate after the US announced 25% tariffs on some Brazilian imports. President Lula's office called the move a 'regrettable milestone' and said it resulted from pressure on the White House by the family of former President Jair Bolsonaro. The escalation marks a serious deterioration in US-Brazil trade relations.
Why It Matters
Trade wars between major economies ripple across global supply chains and commodity markets, affecting prices and trade flows for countries everywhere, including India.
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