Brazil Calls Trump’s 25% Tariff Unjustifiable, Vows to Impose Reciprocal Tariffs
The move follows a yearlong Section 301 probe and exempts some goods, while Brazil says it will seek reciprocal measures and a World Trade Organization challenge.
- Late Wednesday, the Trump Administration announced a 25% tariff on most Brazilian imports, effective July 22, as part of a broader strategy to address unfair trade practices globally.
- These tariffs follow a February Supreme Court ruling that struck down previous 50% duties, leaving only a 10% global tariff in place; U.S. Trade Representative Jamieson Greer said year-long negotiations failed to resolve trade issues.
- Ahead of Brazil's October presidential election, Brazilian President Luiz Inacio Lula da Silva accused Senator Flavio Bolsonaro of contributing to the tariffs during his Washington trip; Flavio denied the claim.
- Secretary of State Marco Rubio criticized the government for having 'not negotiated in good faith,' while President Lula rejected the measures, noting the U.S. recorded a $424.5 billion trade surplus with Brazil over 15 years.
- Trump endorsed a revised version of the late Sen. Lindsey Graham's Russia sanctions bill, which proposes tariffs of at least 500% on countries buying Russian energy, including Brazil, India, and China.
117 Articles
117 Articles
More possibilities open up for exporting to the country of the north products such as machinery, wood and sugars that will have a tax of 25% for the neighbor governed by Lula
US sets 25% tariff on selected Brazilian imports from July 22
Washington’s planned 25% tariff on selected Brazilian imports marks a more targeted form of trade pressure than the broader duties previously threatened against Latin America’s largest economy. The measures, scheduled to take effect on July 22, follow a yearlong investigation under Section 301 of the Trade Act of 1974. The US Trade Representative concluded that Brazilian policies involving digital trade, preferential tariffs, ethanol market acce…
Analysis by Iuri Pitta, CNN en Español The decision of the Donald Trump government to impose a 25% tariff on Brazilian products imported by the United States is the final chapter of a saga without surprises. Nor is it surprising that the deterioration of diplomatic relations between the two countries and their respective presidents continues, The post Trump's tariffs definitely enter the presidential campaign in Brazil appeared first on KVIA.
Our front page: Brazil promises tariffs and talks in reaction to U.S. levies
From the latest issue of Inside U.S. Trade: Brazil pledges to retaliate after Trump adds exception-filled 25 percent tariffs. Brazil said it would answer U.S. imposition of 25 percent tariffs with its own countermeasures and also return to World Trade Organization consultations, the government saying it had “acted tirelessly” with the U.S. “to end the investigations based on Section 301, presenting evidence that refutes each of the allegations r…
USTR Responds to Brazil’s Unfair Trade Practices
The U.S. Trade Representative’s decision, which imposes tariffs of 25 percent on most goods from Brazil, followed a year-long investigation into policies that ban American ethanol from Brazil’s market. According to Growth Energy, Brazil has gone beyond tariffs and engaged in systematic discrimination against U.S. biofuels under Brazil’s clean fuel program, RenovaBio, while disguising deforestation by Brazilian producers. Those practices have sto…
With the announcement of import taxes on thousands of Brazilian products, US President Donald Trump is interfering in the Brazilian...
Coverage Details
Bias Distribution
- 44% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
