20 Hrs
Source:
Sky News
Brazil files WTO complaint over US tariffs
Brazil has initiated settlement procedures at the World Trade Organization against the tariffs imposed by the United States on its products, considering these tariffs unjustified and in violation of international trade law. Brazil submitted a request for consultations on July 27, which is the first stage allowing both parties to attempt to resolve the dispute without resorting to legal proceedings. If this attempt fails, the case can be escalated to the relevant dispute settlement body. This move comes after the United States imposed tariffs in July on certain Brazilian products at rates of 25% and 12.5%, amid accusations that Brazil was trying to influence internal policies ahead of the presidential elections scheduled for October, in which the current president, Luiz Inácio Lula da Silva, and former President Jair Bolsonaro are competing.
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