The media quoted three people familiar with the matter as saying that the Brazilian government convened a meeting of key cabinet ministers on Thursday to plan countermeasures against the latest US tariff policy. Alternatives include restricting US audiovisual companies and suspending US pharmaceutical and agriculture-related patents. On Wednesday, the Trump administration claimed unfair trade practices in Brazil and announced 25% tariffs on a large number of Brazilian goods. President Lula later stated that the government will invoke the country's Equal Trade Act to introduce countermeasures, and all measures discussed this time are in line with the provisions of this law. The countermeasure plan proposed this time does not target imported goods, but rather targets the interests of the US intellectual property and audiovisual industry. It is a new trade retaliation idea: it can not only put pressure on the US side, but also prevent Brazilian domestic consumers from facing price increases. One of the people familiar with the matter said, “Further specific measures will follow the President's instructions, but it is almost impossible for Brazil not to make a tough response.”

Zhitongcaijing · 3d ago
The media quoted three people familiar with the matter as saying that the Brazilian government convened a meeting of key cabinet ministers on Thursday to plan countermeasures against the latest US tariff policy. Alternatives include restricting US audiovisual companies and suspending US pharmaceutical and agriculture-related patents. On Wednesday, the Trump administration claimed unfair trade practices in Brazil and announced 25% tariffs on a large number of Brazilian goods. President Lula later stated that the government will invoke the country's Equal Trade Act to introduce countermeasures, and all measures discussed this time are in line with the provisions of this law. The countermeasure plan proposed this time does not target imported goods, but rather targets the interests of the US intellectual property and audiovisual industry. It is a new trade retaliation idea: it can not only put pressure on the US side, but also prevent Brazilian domestic consumers from facing price increases. One of the people familiar with the matter said, “Further specific measures will follow the President's instructions, but it is almost impossible for Brazil not to make a tough response.”