🚨🚨 Brazil forms committee to address the tariff impact from the U.S. 🚨🚨

According to Odaily, Brazil has established a 'Negotiation and Trade Countermeasures Committee' to assess the potential economic impact of U.S. President Donald Trump's announcement of a 50% tariff on Brazilian products. The committee will also discuss possible responses to the tariff.

Brazil's Vice President and Minister of Development, Industry and Trade, Geraldo Alckmin, announced in a press conference on the 14th that the committee will hold meetings with industrial and agricultural sectors on the 15th. Alckmin emphasized that broad dialogue with exporters is the initial step of the Brazilian government to address the tariff policy of the Trump administration.

Alckmin stated that if the U.S. tariff policy is implemented, Brazil will take countermeasures. He presides over the committee, which will also facilitate meetings between President Luiz Inácio Lula da Silva and various business leaders.

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