TRUMP TARIFFS
Brazil unveils plan to counter Trump’s 50% tariffs
Flanked by congressional leaders, President Lula said Wednesday that “Brazil cannot negotiate its sovereignty.” Photo: Ricardo Stuckert/PR
Brazil’s government has rolled out a broad relief package for exporters hit by President Donald Trump’s decision to raise import duties to 50% on a range of Brazilian products. The “Sovereign Brazil Plan” aims to cushion the blow for sectors that are heavily reliant on the US market, while signaling a long-term strategy to diversify trade ties.
But some key details of the plan remain unknown, such as the…
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