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In response to the United States' imposition of a 50% tariff on Brazilian exports, Brazilian President Lula declared that although Brazil is equipped with countermeasures, it remains hopeful of resolving the dispute through diplomatic negotiations. During his address, Lula underscored the significance of sovereignty and multilateralism, advocating for reforms within global governance institutions. Brazil has officially notified the Office of the United States Trade Representative and submitted a request for consultations with the World Trade Organization. Simultaneously, Brazil is progressing with domestic legal mechanisms to streamline lengthy international procedures. Additionally, the Brazilian government has introduced the "Brazil Sovereignty Plan" relief program, aimed at easing the burden on exporting enterprises.
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