BRASILIA (Reuters) -Brazilian President Luiz Inacio Lula da Silva will sign on Monday a decree setting criteria for his government’s response to foreign trade measures hurting the Brazilian economy, his chief of staff Rui Costa told journalists in Brasilia.
His decree regulating the trade reciprocity law, which Brazil’s Congress passed in April, should be published in the official gazette on Tuesday, Costa added. Last week, U.S. President Donald Trump said he would impose a 50% tariff on Brazilian exports.
(Reporting by Marcela Ayres; Writing by Isabel Teles; Editing by Brad Haynes)
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