Brazil’s Lula threatens ‘reciprocity’ in US steel tariff row

Brazil is the second-largest exporter of steel to the United States after Canada (Douglas MAGNO) (Douglas MAGNO/AFP/AFP) Brazil’s President Luis Inacio Lula da Silva on Friday vowed “reciprocity” in response to a 25-percent levy on steel imports announced by US President Donald Trump. “There is no doubt, there will be reciprocity” from Brazil — the second-largest exporter of steel to the United States after Canada, Lula told Radio Clube do Para. Brazil sent 4.08 million tonnes of the metal to the United States in 2024. “If they tax Brazilian steel, we will react commercially or file a complaint with the…