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. He has signed executive orders for 25 percent tariffs on steel and aluminum imports starting March 12.

Brazil's President Luiz Inacio Lula da Silva [Photo/Agencies] SAO PAULO - Brazilian President Luiz Inacio Lula da Silva said Friday that Brazil will impose reciprocal tariffs on the United States in response to new US tariffs on steel and aluminum imports.

Brazilian President Luiz Inácio Lula da Silva hinted that his government may retaliate against President Donald Trump's recent imposition of steel tariffs, signifying a major turn in the escalating trade war.

The South American country is one of the largest sources of U.S. steel imports. Trump earlier this week substantially raised tariffs on steel and aluminum imports to a flat 25% “without exceptions or exemptions”.

I’ve heard they’re going to tax Brazilian steel. If they do that, we’re going to react commercially,” the president said in a radio interview.

President Luiz Inacio Lula da Silva warned that Brazil might retaliate against U.S. President Donald Trump's increased tariffs on steel imports by filing a complaint with the WTO or taxing U.S. imports.

This happened while you were sleeping. Here is what global agencies reported overnight from Friday to Saturday. President of Brazil Luiz Inacio Lula da Silva announced on Friday that his country will "reciprocate" with similar trade measures after U.