US Edition
Orange Juice Importer Sues Trump, Says Brazil Tariffs Will Mean Higher Prices for Consumers
UNITED STATES, JUL 22 – Johanna Foods claims the tariffs violate the International Emergency Economic Powers Act and could increase costs by $68 million, leading to higher prices and job losses, the company said.
- On Friday, Johanna Foods filed a complaint in the U.S. Court of International Trade in New York, challenging Trump’s July 9 letter imposing a 50% tariff on Brazilian orange juice.
- The letter cited an unfair trade relationship and a `witch hunt` trial against Jair Bolsonaro, while President Donald Trump argued IEEPA does not authorize trade-deficit related tariffs.
- Cost projections show annual costs would surge by $68 million, Johanna Foods claimed, leading to retail price hikes up to 25%.
- The administration secured, according to Kush Desai, White House spokesman, that tariffs could take effect while under review, citing constitutional tariff powers.
- With an August 1 deadline looming, Johanna Foods said, `I guess next week we'll see the merits of our case` in anticipation of legal and economic impacts.
38 Articles
38 Articles
Trump tariffs wreaking havoc in Brazil’s citrus belt
By Ana Mano SAO PAULO (Reuters) -U.S. President Donald Trump’s plan to impose a new 50% tariff on all Brazilian products from Aug. 1 could devastate the South American nation’s citrus belt, as factories scale back production and orange farmers consider leaving fruit to rot amid a sharp drop in prices. “You are not going to spend money to harvest and not have anyone to sell to,” said grower Fabricio Vidal, from his farm in Formoso, in the state o…
US President Donald Trump's customs policy is causing trouble: a 50 percent tariff on Brazilian imports could be a massive burden on US consumers and businesses. An orange juice manufacturer warns of existential consequences - and goes to court.
Orange juice importer in the U.S. sues Trump Administration over tariffs
(CNN, KYMA/KECY) - A U.S. based orange juice importer says President Donald Trump's threatened tariffs on Brazil could push up the cost of orange juice at major U.S. supermarkets by up to 25%, and Johanna Foods has sued the administration over it. It alleges the threatened 50% tariffs on goods imported into the U.S. from Brazil would cause a nearly $70 million hit to its business. and it says those tariffs would result in steeply higher prices f…
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