Escalating Tensions: Brazil Responds to U.S. Trade Tariffs

Brazil's Secretary of Foreign Trade, Tatiana Prazeres, expressed concerns over the increasing global trade tensions due to U.S. tariffs under Donald Trump. Prazeres emphasized Brazil's strategy to form new trade coalitions and rules-based agreements with like-minded nations to counteract these tensions.

Amid escalating global trade tensions, Brazil's Secretary of Foreign Trade, Tatiana Prazeres, voiced serious concerns on Thursday about the potential fallout from U.S. tariffs imposed by President Donald Trump.

The recent decision to enforce a 25% tariff on imported cars, trucks, and key automotive components has sparked apprehension. Prazeres noted, "Trade is being weaponised," while predicting that the situation could deteriorate before improving.

In response, Brazil aims to counteract these challenges by forming new trade coalitions and establishing rules-based agreements with other countries willing to collaborate. Prazeres emphasized the need to expand Brazil's trade relations network.

(With inputs from agencies.)