According to Foresight News and reports from CCTV International News, Brazilian President Lula responded to Trump's statement that a 50% tariff would be imposed on products imported from Brazil starting August 1, saying that the claim regarding a 'trade deficit with Brazil' is purely false information. Official U.S. statistics show that over the past 15 years, the U.S. has achieved a cumulative surplus of $410 billion in trade of goods and services with Brazil. In light of this situation, any unilateral tariff measures will be met with equivalent responses based on Brazil's (Commercial Reciprocity Law). 'National sovereignty, mutual respect, and a steadfast defense of the interests of the Brazilian people are always the core principles guiding Brazil's handling of international relations.'