Tag: Reciprocity Law

  • Brazil Braces

    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…

  • Brazil Defiant

    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…