Brazil Weighs Response to Further US Sanctions, Reports Say

Luiz Inacio Lula da Silva

Photographer: Ton Molina/Bloomberg

Brazil’s government is studying potential responses to further sanctions by US President Donald Trump, local media reported, though Finance Minister Fernando Haddad denied the country is considering limits on dividend payments by US companies with local operations.

President Luiz Inacio Lula da Silva’s government is intensifying its deliberations on possible measures after the US government announced it was revoking visas for some Brazilian Supreme Court justices. The move came after Justice Alexandre de Moraes sent police to raid the home of ex-President Jair Bolsonaro ahead of his trial on charges he attempted a coup to remain in power.