Brazil retaliates against US tariffs: A trade war brewing?

Brazil threatens retaliation against US tariffs! President Lula authorizes a review of Trump-era tariffs, potentially triggering countermeasures under Brazil's new reciprocity law. While a full-blown trade war is the last resort, Brazil is considering suspending US patents, especially in pharmaceuticals, to pressure the US into negotiations after communication breakdowns. Will this escalate or lead to a breakthrough? Hosted on Acast. See acast.com/privacy for more information.