You know that the hell's roll has already backed down, right?
Lascado
--
Brazil submits response to the U.S., defends PIX, the sovereignty of the STF
Brazil maintains that it complies with multilateral norms and that the U.S. has a historical surplus in bilateral trade. The government asserts that unilateral measures provided for in Section 301 would be illegitimate and contrary to WTO rules.
The Brazilian government officially submitted its response to the Office of the U.S. Trade Representative (USTR) this Monday (18) in the investigation opened under Section 301 of the Trade Act of 1974. In the document, Brazil states that it does not adopt discriminatory, unjustifiable, or restrictive policies regarding trade with the U.S. and that there is no legal or factual basis for the imposition of sanctions.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.