US imposes 25% tariffs on some Brazilian goods from July 22

The United States will impose 25 percent tariffs on some Brazilian imports from July 22, following a year-long investigation under the Trade Act of 1974 that concluded Brazil engaged in unfair trade practices. Brazilian President Luiz Inácio Lula da Silva condemned the decision, claiming it is politically motivated to benefit his electoral rival Flavio Bolsonaro. The move marks a significant escalation in trade tensions between the two countries.

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