South American country responds to Trump customs. “You will get a reaction”

news.5v.pl 4 months ago

– Trump cannot do what he likes, due to the fact that in the case of actions that reconcile the interests of another countries there will always be a reaction," said Brazilian president Lula da Silva. The politician announced that his country would "reciprocate with akin trade moves". This is simply a reaction to the US president Donald Trump's announced increase in customs on Brazilian aluminum.

– Our department will have a commercial character and we will besides protest in World Trade Organisation – announced the president Brazil Luiz Inacio Lula da Silva in an interview he gave to a group of journalists of Brazilian radio stations.

"Trump cannot do what he likes, due to the fact that in the case of actions that reconcile the interests of another countries he will always get a reaction," added the politician. As he pointed out, Brazil will “reciprocate with akin trade moves”.

President Trump imposes duties on aluminum. The fee will hit Brazil

It's a reaction to Donald Trump's signature on Monday. Regulation on the introduction of 25% customs duties on imported aluminium and steel irrespective of country of origin. At the same time, the president of the United States indicated that they would be "without exceptions and exclusions" and would include "all countries". The fresh tariffs are due to enter into force on 12 March.

SEE: General Keith Kellogg defends Donald Trump's plans. “He truly showed class”

Lula, president of a country that is 1 of the largest economical powers of the region, stressing "the extraordinary importance of the United States as a planet power and a model of democracy for the world", He hoped that they would besides respect his country.

Brazil is 1 of the countries to bear the biggest losses from aluminium duties and steel.