NHK: "Regarding the US policy of imposing 50% tariffs on Brazil" Brazilian President Lula hints at possible retaliatory measures
NHK July 10 report: Regarding the policy announced by US President Donald Trump to impose 50% tariffs on Brazil, Brazilian President Lula issued a statement on the 9th, hinting at possible retaliatory measures.
Regarding tariff negotiations with various countries, President Trump announced on SNS a new letter to eight countries on the 9th, among which Brazil will be imposed a 50% tariff, the highest.
When the Trump administration announced "reciprocal tariffs" and other tariffs in April, Brazil's tariff rate was set at 10%, but this time it has been significantly increased.
Trump told reporters, "Brazil's attitude towards us is not good at all."
Additionally, in the letter, Trump mentioned that former Brazilian President Bolsonaro, who is also called "the Trump of Brazil" for his unconventional behavior, was prosecuted for planning a coup to overturn the results of the previous presidential election. Trump said Bolsonaro is "a leader respected worldwide," and that he should not be put on trial.
Regarding this, Brazilian President Lula issued a statement on the 9th, hinting at possible retaliatory measures against the US, saying, "We will respond to the US's unilateral imposition of tariffs according to law."
Additionally, Trump's arguments about the prosecution of Bolsonaro were strongly refuted by Lula, who said, "We will not be disturbed or threatened to undermine the independence of Brazil's national judicial institutions."
Additionally, regarding the claim in the letter that it "causes an unsustainable trade deficit for the US," according to the statistics of the US government, the trade relationship between Brazil and the US is not a trade deficit for the US, but a trade surplus.
Original article: https://www.toutiao.com/article/1837240884159632/
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