Brazil braces for new U.S. tariffs as Washington broadens trade push: Report
The move would hit more than 4,000 products and $15 billion in annual trade as Washington broadens Section 301 enforcement.
23 Articles
23 Articles
Washington will impose 25% on products "that are not produced" or that affect supply chains.
U.S. President Donald Trump’s government plans a new 25% tariff on several Brazilian products based on an investigation into possible actions against U.S. products in the South American country, CNN Brazil said Wednesday.
Brazil braces for new U.S. tariffs as Washington broadens trade push, sources say
Brazil is bracing for the United States to impose a new 25% tariff on thousands of its imports after months of intensive but largely unproductive negotiations, three people familiar with the matter told Reuters, in a move expected to kick off a broader round of U.S. tariffs affecting multiple countries.
Government intensifies dialogue before Trump's final decision
Teams of the Ministry of Development, Industry, Trade and Services (MDIC), the Ministry of Foreign Affairs (MRE) and President Lula's Special Advisor met on Tuesday with US Trade Representative Jamieson Greer on the eve of the US to take a decision on the new Brazilian product tariff. It was the fifth meeting since May 7, when Lula and Donald Trump decided to establish a working group dedicated to trade dialogue.
The Trump administration is planning a new 25% tariff on several Brazilian products following an investigation into potential actions against U.S. goods in the South American country, CNN Brazil reported Wednesday. According to the network, the U.S. is implementing this measure as a result of an investigation initiated under Section 301 of the Trade Act of 1974, a mechanism that allows Washington to respond to trade practices it considers discri…
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