The Brazilian Parliament has adopted the law on economic “reciprocity”, which gives the government ways to retaliate barriers to trade
Brazilian President Lula’s government made clear yesterday Wednesday How he examines ‘all’ the possible measures To tackle the US government’s decision to impose a 10% duty on products imported from Latin America’s largest economy.
The brazie ‘Examines all possible actions to ensure reciprocity in bilateral trade, including appeal to the World Trade Organizationto defend legitimate national interests »states a statement from the government, which also stressed that it remains open to dialogue and that it considers that American claims that these duties are reciprocal do not “They reflect reality.”
Earlier, the Brazilian parliament adopted Law that gives government ways to pay back barriers to tradeshortly after the announcement of the duties by President Trump.
The law About economic ‘reciprocity’ He was unanimously approved by the Members of all parties present in the Lower House, the day after his adoption by the Senate of Brazil.
Source :Skai
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