Trump administration proposes 25% tariff to punish Brazil over trade practices
The trade office said Brazil’s practices restrict U.S. commerce and set a July 6 hearing on the proposed duties.
- On Monday, the Trump administration proposed a 25 percent tariff on many Brazilian imports, citing unfair trade practices ranging from digital trade to illegal deforestation, United States Trade Representative Jamieson Greer said.
- A Section 301 investigation launched last year identified 'longstanding and pervasive U.S. concerns' regarding Brazil's trade policies, including electronic payment services and ethanol market access.
- While the new levy excludes beef, coffee, and aircraft parts, it does not apply to imports already subject to 50 percent national security duties under the Trade Expansion Act of 1962.
- The USTR invited public comment on the proposed tariffs through July 1, with a public hearing scheduled for July 6 to address the investigation's findings.
- Broader trade actions include a July 15 deadline for 'responsive action' in the Brazil investigation, alongside recent inquiries into Vietnam's intellectual property practices.
102 Articles
102 Articles
Trump Administration Proposes New Tariffs on Brazilian Imports
The U.S. Trade Representative’s office said President Trump’s administration has proposed 25% tariffs on imports from Brazil, citing trade practices it described as unreasonable and harmful to U.S. commerce. The announcement followed an investigation that raised concerns about Brazil’s anti-corruption enforcement, tariffs, and other policies. Brazilian President Luiz Inácio Lula da Silva responded with anger, saying he received the decision with…
Trump Administration Proposes 25% Tariffs On Brazil, Lula Threatens Retaliation
Washington: The Trump administration proposed 25% tariffs on imports from Brazil, charging that the world’s 10th-biggest economy engages in trade practices that are “unreasonable’’ and that “burden or restrict U.S. commerce.’’Brazil's President Luiz Inácio Lula da Silva said he r
The US concluded that practices in Brazil related to illegal deforestation, piracy, failures in the enforcement of anti-corruption laws and the ethanol market harm North American trade.
Trump administration proposes 25% tariffs on Brazil despite extensive U.S. trade surplus
The Trump administration proposed 25% tariffs on imports from Brazil, charging that the world's 10th-biggest economy engages in trade practices that are "unreasonable'' and that "burden or restrict U.S. commerce.''
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