Brazilian President: 'Press Release on the Imposition of Unilateral Tariffs Against Brazil by the United States July 15, 2026, will go down in the history of relations between Brazil and the United States as a lamentable milestone.The Brazilian government repudiates the decision announced today by the U.S. government regarding the imposition of 25% tariffs on Brazilian products, based on Section 301 of the Trade Act of 1974.There is no justification for unilateral measures against our country. According to statistics from the U.S. government itself, the United States has accumulated a surplus of $424.5 billion in goods and services with Brazil over the past 15 years.'