Lates News

date
13/07/2025
Brazil's Agriculture Minister Carlos Favaro recently stated that Brazil will not yield to the threat of President Trump imposing tariffs again and will not accept pressure from the United States. Brazil will expand trade with global southern countries and open up new export channels. "If Trump thinks that imposing a 50% tariff can make us bow down, he is mistaken," Favaro said at an event in Mato Grosso on the 11th. Brazil has the right to take retaliatory actions. "The Brazilian National Congress has approved Brazil's power to take reciprocal measures against the United States. If the US imposes a 50% tariff, we can also impose a 50% tariff."