President Donald Trump<\/a>‘s 50% tariffs on Brazilian imports. Brazil had so far initiated dispute consultations in the World Trade Organization.<\/p>\nThe launch of the process came as Brazilian President Luiz Inacio Lula da Silva authorized the use of the law against the U.S., the sources said.<\/p>\n
Camex has 30 days to present a report on the matter. If it approves the use of the reciprocity law, a government working group will decide which areas Brazil should target in its measures against the U.S., the sources said.<\/p>\n
They added that the U.S. is expected to be informed on Friday about the start of the process.<\/p>\n
Brazil’s Ministry for Development, Industry, Trade and Services that oversees Camex did not immediately respond to a request for comment.<\/p>\n
The U.S. imposed 50% tariffs on imports of Brazilian goods this month, as Trump decried what he called unfair trade practices and accused Brazil of a “witch hunt” against former President Jair Bolsonaro, who is on trial on charges of plotting a coup.<\/p>\n
Products such as orange juice and aircraft, which are among Brazil’s major exports, were exempted from the higher duties.<\/p>\n
Brazilian government officials have publicly complained about lack of room to negotiate the tariffs with the U.S. counterparts.<\/p>\n
(Reporting by Lisandra Paraguassu in Brasilia; Writing by Andre Romani; Editing by Kylie Madry and Daina Beth Solomon)<\/p>\n","protected":false},"excerpt":{"rendered":"By Lisandra Paraguassu BRASILIA (Reuters) -Brazil’s Foreign Ministry has ordered government trade body Camex to start analyzing whether…\n","protected":false},"author":2,"featured_media":117609,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18],"tags":[23,941,75988,3,942,75989,21,19,22,20,25,24],"class_list":["post-117608","post","type-post","status-publish","format-standard","has-post-thumbnail","category-united-states","tag-america","tag-brazil","tag-foreign-ministry","tag-news","tag-president-donald-trump","tag-unilateral-trade-measures","tag-united-states","tag-united-states-of-america","tag-unitedstates","tag-unitedstatesofamerica","tag-us","tag-usa"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/117608","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=117608"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/117608\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/117609"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=117608"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=117608"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=117608"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}