Brazil plans to challenge the United States at the World Trade Organization (WTO) after the U.S. imposed a 50 percent tariff on several Brazilian exports, including coffee and beef, effective this Wednesday. The move, affecting roughly 35 percent of Brazil’s exports to the U.S., has prompted Brazil to explore a relief package for affected businesses.

• The U.S. tariffs cover roughly 35 percent of Brazil’s exports to the United States.
• The Chamber of Foreign Trade approved initiating a formal consultation with the WTO.
• Finance Minister Fernando Haddad stated, “We won’t engage with the U.S. as a colony or satellite — we’re a sovereign nation.”