Overview
- The U.S. announced a 25% tariff on many Brazilian products on Wednesday, with the duties scheduled to take effect on July 22.
- Brazil convened top ministers to map responses under its reciprocity law and is prioritizing measures that target U.S. companies rather than broad import tariffs.
- Options under consideration include curbs on U.S. audiovisual payments and suspension of some pharmaceutical and seed patent protections, measures Brasília says are legal tools to defend national interests.
- Finance Minister Dario Durigan said the government will carefully evaluate sector needs, protect fiscal targets and roll out credit support for affected firms by early August.
- Brazil will revive a prior WTO dispute to speed panel review, a move that locks in legal and diplomatic escalation even as exporters and supply chains begin to adjust.