Brazil's Lula pledges retaliation to Trump tariffs

Brazil BRICS Summit
Brazil's Luiz Inacio Lula da Silva is unlikely to announce retaliatory measures to tariffs just yet. -AP

Brazilian President Luiz Inacio Lula da Silva says he wants to find a diplomatic solution to US President Donald Trump's threat of 50 per cent tariffs on Brazilian exports, but vowed to reciprocate like-for-like if they take effect on August 1.

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