US Announces New 25% Tariffs on Brazil for ‘Unfair’ Trade Practices
The action follows a yearlong Section 301 probe that found Brazil’s policies hurt U.S. workers and companies, officials said.
- The United States is imposing 25% tariffs on some imports from Brazil starting July 22 due to unfair trade practices by Brazil, the world's 10th-largest economy.
- Senior Trump administration officials confirmed the tariffs, first proposed last month, will begin on July 22, with some goods exempted to avoid disrupting supply chains.
- The U.S. Office of the Trade Representative found Brazil engaged in unfair trade practices, including lax anti-corruption enforcement and imposing unfair tariffs, making the tariffs necessary to level the playing field.
273 Articles
273 Articles
Trump administration to impose new 25% tariff on Brazil
WASHINGTON — The Trump administration said Wednesday it would impose a new 25% tariff on Brazil next week, arguing that the country had adopted a range of unfair trade practices against the United States. The post Trump administration to impose new 25% tariff on Brazil appeared first on Hawaii Tribune-Herald.
The new tariffs will take effect on July 22. Brazil is the first country targeted by the Trump administration's new tariff policy. Washington's New Trade Strategy: The tariffs were imposed under Section 301 of the U.S. Trade Act of 1974. This provision allows for the initiation of proceedings against countries accused of unfair trade practices. After the U.S. Supreme Court overturned previous global tariffs, the Trump administration is using thi…
The measure affects one third of Brazilian products. Bovine meat, some fish, coffee, rare earth or works of art will be excluded from the levies.
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