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3h ago

Brazil Orders Camex to Weigh Retaliation Under Reciprocity Law After U.S. 50% Tariffs

Camex now has 30 days to recommend whether to invoke the statute.

A drone view shows the port of Santos in Brazil, July 31, 2025. REUTERS/Jorge Silva/File Photo
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A soldier of the presidential guard stands at the Planalto Palace as the Brazilian flag flutters in the background, in Brasilia, Brazil July 31, 2025. REUTERS/Adriano Machado/File Photo
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Overview

  • The Foreign Ministry directed Camex on Thursday to analyze invoking the reciprocity law against the United States.
  • President Luiz Inácio Lula da Silva authorized the law's use, clearing the way for the review.
  • Camex has 30 days to present a report, after which a government working group would define potential targets if approval is granted.
  • No retaliatory measures have been set, with any actions contingent on Camex's decision.
  • The step escalates Brazil's response to President Donald Trump's 50% tariffs on many Brazilian goods, which Brazil has also challenged through WTO consultations.