US-Brazil Trade War Heats Up: 50% Copper Tariff Sparks Tensions
A new trade war is brewing between the United States and Brazil after former US President Donald Trump imposed a hefty 50% tariff on Brazilian copper imports. The move, seemingly tied to Trump’s support for former Brazilian President Jair Bolsonaro, has drawn sharp criticism from current Brazilian President Luiz Inácio Lula da Silva, who has vowed to retaliate.
Lula Accuses US of Interference, Condemns Tariff
President Lula didn’t mince words, condemning the tariff and accusing the US of interfering in Brazilian affairs. He specifically criticized the US embassy’s defense of Bolsonaro, adding fuel to the already tense situation. The tariff has been met with strong resistance in Brazil, with many viewing it as an attempt to undermine Lula’s presidency.
Trump Cites National Security, Brazil Summons US Ambassador
While former President Trump justified the tariff on grounds of national security, Brazil wasn’t convinced. In a clear demonstration of its displeasure, Brazil summoned the US ambassador to lodge a formal protest against the embassy’s statement and the imposed tariff. This escalating diplomatic row signifies a significant downturn in US-Brazil relations.
