u.s. Tariffs on Brazil Cause a Storm in the Coffee Market
4 Articles
4 Articles
Donald Trump’s trade war has reached Brazilian coffee producers. The 50% tariff on all imports from the country has cut at the root one of the busiest channels in the world grain market: American roast firms reject new contracts and have reviewed those in force with Brazilian producers. So they seek to buy time to see if there is room for negotiation.
The Minister for Agriculture and Family Agricultural Development, Paulo Teixeira, stated that the federal government will, if necessary, extend the validity of the Provisional Measures (MP) which created the Brazilian Suberano Programme for the duration of the effects of the over-taxes imposed by the U.S. government on the purchase of Brazilian food by North American importers. “The MP has been valid for 180 days. Six months [of which] these mec…
The Minister of Agrarian Development said he believes that the two products are likely to be included in the list of exceptions to the tariffs imposed by the United States, as their prices have risen in the American market.
Government leaves coffee and meat out of the list of purchases of products tariffd by the United States
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