TRADE
For Brazil, retaliating against US tariffs is becoming a question of when
The Port of Santos, Brazil's busiest export hub. Photo: Dado Photos/Shutterstock
— By Thiago Vidal
Relations between Brazil and the United States are likely to worsen before they improve. Nothing in recent weeks has changed that. What has changed is the growing expectation that Brasília will finally retaliate against the successive tariffs imposed on Brazilian exports.
Several factors point that way. The dispute is political, not commercial, and Brazil has little room to expand market access for US goods, particularly through tariff cuts. That leaves little space for a comprehensive bilateral deal.
Senior presidential advisers have publicly said there is no point in negotiating: in their view, the Trump White House is…
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