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The Nexus
WORLDJul 17 · 12:39 UTCTHE RIO TIMESIolanda Fonseca

Brazil Rejects ‘Capitulation,’ Plans Retaliation as US 25% Tariff Nears

The US 25% tariff on Brazilian goods takes effect July 22. Brazil has filed a Section 301 defense and is considering retaliation, rejecting what it calls 'capitulation'.

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Brazil Rejects ‘Capitulation,’ Plans Retaliation as US 25% Tariff Nears · The Nexus