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Urgent: Any unilateral measure to raise tariffs will be responded to in light of Brazil's economic reciprocity law, says Lula

Urgent: Any unilateral measure to raise tariffs will be responded to in light of Brazil's economic reciprocity law, says Lula
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Alsharq Tribune-AFP 

Brazilian President Luiz Inacio Lula da Silva said Wednesday any unilateral measure to raise tariffs will be responded to in light of Brazil's economic reciprocity law.

"In view of the public statement by U.S. President Donald Trump presented on a social network Wednesday afternoon, it is important to emphasize: Brazil is a sovereign country with independent institutions that will not accept being tutored by anyone," Lula said on X.

 

"It is false information, in the case of the commercial relationship between Brazil and the United States, regarding the alleged American deficit. Statistics from the United States government itself confirm a surplus of that country in the trade of goods and services with Brazil in the amount of 410 billion dollars over the last 15 years," he said.

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