Tag: Reciprocity Law
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Five days into a 25 percent US tariff, and with a second duty now stacked on top, President Lula is resisting pressure to strike back while his ministers assemble a menu of retaliation options. Peacock Tariff Consulting | US Trade Desk | July 27, 2026 WASHINGTON, July 27. Brazil enters the new week absorbing not…
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Two American tariff actions in a single week have pushed duties on many Brazilian goods to 37.5 percent, as Brasilia weighs its Reciprocity Law, a WTO challenge and the limits of strategic patience. By the US Trade Desk | Peacock Tariff Consulting WASHINGTON, July 26, 2026 No major American trading partner absorbed a harder blow…
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A 25 percent US tariff on Brazilian goods takes effect Wednesday as Brasilia moves to activate its Reciprocity Law, revives a WTO challenge, and counts the exemptions that spared coffee, beef, and aircraft By the US Trade Desk, Peacock Tariff Consulting WASHINGTON, July 20, 2026 Two days before a sweeping 25 percent tariff on Brazilian…
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President Lula rejects Washington’s 25 percent Section 301 tariff as groundless, invoking Brazil’s Reciprocity Law and returning to the WTO as exporters brace for the July 22 start date and a possible 12.5 percent forced labor surcharge on top. Brazil closed the week on a war footing in trade policy, converting President Luiz Inacio Lula…