15:31 - 29.08.2025

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August 29, Fineko/abc.az. The Brazilian authorities have authorized the country’s Foreign Trade Chamber to assess the possibility of applying countermeasures against the United States.

According to ABC.AZ, lawmakers must now, within a month, determine whether Washington’s actions fall under the Economic Reciprocity Law.

The document, adopted in April and approved by Congress in July, is aimed at countering Washington’s trade policy. It should be noted that the U.S. imposed some of the highest tariffs on Brazil, alongside India. Washington’s decision to set tariffs at 50% affected a significant share of Brazilian exports, although the U.S. authorities provided 700 exemptions for strategic industries, including aviation, energy, and partly agriculture.