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The Brazilian Government has announced the publication of Law No 15.122 of 11 April 2025 in the Official Gazette, which is known as the Economic Reciprocity Law. The law enables Brazil to impose import duties and suspend trade concessions, investments, and obligations related to intellectual property rights in response to unilateral actions by other countries or economic blocs that negatively affect Brazilian international competitiveness. The legislation was enacted following tariffs imposed by the United States on numerous nations, including Brazil, particularly affecting Brazilian steel and aluminum exports. The law mandates that any countermeasures taken should be proportional to the economic...