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Brazil searches for new markets amid U.S. tariffs
The article discusses Brazil's efforts in responding to the United States' imposition of a 25% tariff on its products. President Lula da Silva announced that the country will seek new markets to compensate for the losses and will aim neither to retaliate nor to withdraw from negotiations. This escalation is part of a trade dispute that could impact the upcoming presidential elections in October, especially amidst tensions among major economic powers. He also indicated that Brazil continues to negotiate with the United States to reduce the tariffs, rejecting the adoption of harsh retaliatory measures.
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