Tariffs/Trade
Brazil government rejects the US 12.5% tariffs on Brazil goods related to forced labour, says the tariffs are completely arbitrary and unjustified
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Brazil rejected the US's new 12.5% forced labor tariffs as arbitrary, announcing plans for retaliatory reciprocity laws and a WTO challenge amidst intensifying bilateral trade tensions and existing 25% levies.
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Says:It will start procedures to use its reciprocity law and will take the matter before the WTO's dispute settlement mechanism.
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