RIO DE JANEIRO (AP) — Brazilian President Luiz Inácio Lula da Silva said Thursday that he will impose retaliatory tariffs on the United States if President Donald Trump follows through on a pledge to boost import taxes by 50% over the South American country’s criminal trial against his predecessor, Jair Bolsonaro.

Trump announced plans to impose tariffs on pharmaceuticals, as well as a 50% tariff on copper imports, during a cabinet meeting in Washington hours earlier. “These are obviously very concerning developments,