reuters.com
www.reuters.com

cross-posted from: https://lemmy.world/post/35143304

BRASILIA, Aug 28 (Reuters) - Brazil’s Foreign Ministry has ordered government trade body Camex to start analyzing whether a local reciprocity law could be used against the United States, two sources from the ministry said on Thursday.

The law, passed earlier this year by Brazil’s Congress, establishes a legal framework for Brazil to respond to potential unilateral trade measures targeting its goods and services, including countermeasures such as tariffs.

  • Mereo@lemmy.caEnglish
    111·
    7 days ago

    Keep pushing back Brazil. Coffee should definitely be on the tarrif list.

    • kiagam@lemmy.worldEnglish
      7·
      7 days ago

      A tariff is not a tax on exit, it is on entry. US decides to charge tax on the coffee

      • Mereo@lemmy.caEnglish
        2·
        7 days ago

        Doh! You’re right. I wrote this before sleeping. Nevertheless, I hope Brazil hits the US where it hurts.