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7 results for “Economic Reciprocity Law

Lula Suspends Tariff Threat on US Goods, But Keeps Economic Reciprocity Law Ready
PoliticsSep 21

Lula Suspends Tariff Threat on US Goods, But Keeps Economic Reciprocity Law Ready

President Lula announced Brazil will hold off on retaliatory tariffs against the US while trade negotiations continue, despite a formal start to the reciprocity process.

PROPoliticsAug 23

Brazil Formally Triggers Retaliation Process Against US Tariffs Under New Reciprocity Law

Brazil has begun the formal process to apply its Economic Reciprocity Law against US tariffs, escalating bilateral trade tensions.

Brazil Trade Minister Calls US Tariffs 'Illegal,' Delays Reciprocity Until After October Election
PROPoliticsAug 19

Brazil Trade Minister Calls US Tariffs 'Illegal,' Delays Reciprocity Until After October Election

Brazil's Trade Minister has condemned new US tariffs ranging up to 37.5% but is prioritizing talks to avoid a trade war in the election year.

Lula Administration Escalates Trade Tensions With US, Invokes New Reciprocity Law Against Tariffs
PROPoliticsAug 18

Lula Administration Escalates Trade Tensions With US, Invokes New Reciprocity Law Against Tariffs

Brazil formally triggered its Economic Reciprocity Law in response to high US tariffs, escalating US-Brazil trade friction.

Brazil Activates New 'Trade War' Law in Response to Escalating U.S. Tariffs
PROPoliticsAug 14

Brazil Activates New 'Trade War' Law in Response to Escalating U.S. Tariffs

Brazil is formally initiating a process under its Economic Reciprocity Law to retaliate against new U.S. Section 301 tariffs.

Brazil Formally Invokes Reciprocity Law to Challenge US Tariffs on Grounds of Sovereignty
PROMarketsAug 14

Brazil Formally Invokes Reciprocity Law to Challenge US Tariffs on Grounds of Sovereignty

Brazil has activated a new economic retaliation law against significant US tariffs, citing American interference with its Pix payment system and judiciary.

BRL Under Pressure as US Imposes 25% Tariffs on Brazil
CurrenciesJul 16

BRL Under Pressure as US Imposes 25% Tariffs on Brazil

The US is slapping 25% tariffs on Brazilian imports, threatening to squeeze Brazil's trade surplus and halting the Real's strong 2026 momentum.