Last update:
After the announcement of 25% tariff on Donald Trump’s steel, Brazilian President Lula de Silva vowed to put tariffs on American goods and file a complaint in the WTO.
The President of Brazil vowed to respond to Trump’s tariff.
Highlights
- Donald Trump has scared the whole world with his 25% tariff bomb.
- D Silwa vowed to put a similar tariff on American goods.
- Lula’s attitude of Brazil is quite aggressive, Brazil second largest exporter
American Rashtriya Donald Trump has scared the whole world with his tariff bomb. But now Brazilian President Louis Eneasio Lula de Silva responded to him in his language. On Friday, as Trump announced to impose 25 percent tariff on steel, D Silwa vowed to put a similar tariff on American goods. He said, Brazil will answer this. We will take it to the World Business Organization and will put more tax on the Americ product.
In a conversation with Radio Club Do Para, Lula D Silwa said, there is no doubt, Brazil will also answer in the same language. Brazil is the second largest exporter of Steel after America. D Silwa said, I have heard that they are now going to put tax on Brazilian steel. If they do this, we will react commercially, either by filing complaints in the WTO or tax on the products we import.
Lula’s stance quite aggressive
Lula’s comments indicate that he is adopting more aggressive stance than the first suggested stance on the tariff. His finance and trade ministers emphasized the need for dialogue and possible dialogue with the United States. In a fact letter released on Thursday, which coincides with Trump’s decision to abolish the long -standing low -tariff rates and align them with other countries, the White House. Explained the example of.
Do not want to spoil the relationship with america
Lula said that he wants Brazil’s relations with the US to be “cordial” and mentioned that the trade of the two countries is balanced, but the couple: “If there is any action against Brazil, there will be mutuality.” The United States has run a trade surplus with Latin America’s largest economy since 2008, reaching $ 253 million on bilateral trade of over $ 80 billion last year. The Brazilian leader said that he is concerned about Trump’s “protectionism”, saying that it is against the protecting the United States long -free markets.
14 February, 2025, 23:24 IST
Answer to Trump in his language, this leader vows to take revenge on tariff
