Trump Administration Proposes 25% Brazil Tariffs, Replacing Voided 50% Duties on Many Goods
Updated
Updated · Reuters · Jun 2
Trump Administration Proposes 25% Brazil Tariffs, Replacing Voided 50% Duties on Many Goods
9 articles · Updated · Reuters · Jun 2
July 1 is the deadline for public comments on a proposed 25% U.S. tariff covering many Brazilian imports, with a July 6 hearing and a July 15 deadline for final Section 301 action.
USTR said Brazil's practices in digital trade, electronic payments, intellectual property, ethanol access and illegal deforestation are "unreasonable" and burden U.S. commerce.
Beef, coffee, rare earths, aircraft parts, crude oil, pharmaceuticals, fertilizers and goods already hit by Section 232 tariffs would be exempt from the new duties.
The proposal would partly replace the 50% tariffs Trump imposed last year on many Brazilian goods, after the Supreme Court struck those duties down in February.
The Brazil case adds to a widening Section 301 push that already targets China-linked industrial overcapacity, forced-labor enforcement in 60 countries and Vietnam's intellectual property practices.
With a $40 billion trade surplus, why is the U.S. targeting Brazil over claims of restricted commerce?
Can U.S. tariffs solve complex issues like deforestation, or will they simply push Brazil's economy closer to China?
Can a last-minute working group halt a U.S. tariff investigation that is already nearing its conclusion?