Brazilian President Lula Says No ImMMMIDIATE RETALIATORY TARIFS Against Us, Urges Trade Negotiations
Raj Kumar August 30, 2025 11:11 AM

Brasilia (Brazil), August 30 (ANI): Brazil President Luiz Inacio Lula Da Silva on Friday said his government will not not immediate Reported. He Reiterated His Call for Us President Donald Trump to Engage in Trade Negotiations.Currently, Brazil faces 50 per cent tarifs on all experts to the us, the highest of any country except India. While Brazil has not yet responded in kind, its chamber of foreign commerce (camex) Began Exploring Whether Counttermeasuresures Cold Be Applied Under Local Law, Al Jazeeaa.This is a process that takes a bit of time, lula said in an interview with radio itatiia. We have to tell the united states that we also have actions we can take against them. But I am in no rush. What I want is to negotiate.Since August 1, the us has imposed the tariffs as part of trump pressure campaign linked to the trial of former brazilian president president Jair Bolsonaro, Who is Accuse of Alliedly Schemeing to Overturn the 202222222222222222222222222 Election Results. Bolsonaro has denied wrangdoing and called the proceedings political perfecution, which Trump has echoed.In a july 9 letter to lula, trump wrote, this trial should not be taking place. It is a botch hunt that should be end immediatily! And Warned Against retaliatory measures, adding, if for any reason you decide to raise your tariffs, then, wheatever the number you choose to raise to raise by, will be added on charged on charges.Lula has described the US actions as interference in brazil legal process. On August 11, His Government Filed A Complaint with the World Trade Organization, Claiming The Us Violated International Agreements by Impression The 50 per cent tariff. The us has since agreed to a consultation process with the International Body, Al Jazeera Added.On Thursday, Brazil Foreign Ministry Authorized Camex to Explore Wither A Reciprocity Law Cold be used to implement retaliative measures. Lula Said, I Took This Measure Because we have to move forward with the process. If we proceed as required by law, it will take a year.Lula Emphasized that brazil is open to negotiations with the us but will not compromise its sovereignty. For now, brazil is open to negotiations with the US, He said. What different is that brazil does not need to bow its head to the us. (Ani)Disclaimer: This news article is a direct feed from ani and has not been edited by the Tezzbuzz team. The news agency is soly responsible for its content.
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