Economy · 37.5% tariff hitBrazil Triggers Reciprocity Against U.S. Tariffs Up to 37.5%Aired August 16, 2026 at 12:46 AM UTCWritten September 7, 2026 at 9:22 PM UTCRead the write-upThis storyTranscript · LOADING0:00Brazil invoked its law of reciprocity on0:02August 14th, [music] moving directly0:04against United States tariffs imposed in0:06July. Those American tariffs reach up0:08[music] to 37.5%0:10and cover hundreds of Brazilian exports0:12imposed over alleged unfair trade0:14practices. [music]0:15President Luiz Inácio Lula da Silva0:17triggered the reciprocity process0:19>> [music]0:19>> answering tariffs imposed by President0:21Donald Trump. The July tariff action was0:24followed a month later by the August0:2514th reciprocity trigger now heading0:28toward Brazil's election in October0:30where the move is described as an effort0:32to show strength. Lula rejects the0:34American justification [music] as0:35politically motivated, accusing0:37Washington of constructing truths and0:39labeling Brazil based on invented lies,0:41while also saying he wants to maintain a0:43good relationship and avoid conflict as0:45the reciprocity process moves forward.0:47What remains unresolved is what specific0:50countermeasures Brazil will impose under0:52the reciprocity law, on what timeline0:54they would take effect, how Washington0:56will respond, and what the economic0:57[music] impact has been on the hundreds0:59of export sectors now facing the tariff1:01hit.1:02Like and follow for more stories that1:04matter.Explore with HeyDexThe shortThe short ↗