TRADE
As expected, US hits Brazil with 25% tariffs
US Trade Representative Jamieson Greer speaks with reporters at the White House in Washington. Photo: Evan Vucci/Reuters/Folhapress
Washington will tax many Brazilian goods at 25% starting July 22, closing a Section 301 investigation opened a year earlier that, in Brasília's telling, ends where it began: as politics wearing the costume of trade policy. US President Donald Trump accepted the US Trade Representative's recommendation on July 15, a day after the two governments held their fifth round of high-level talks since May, all of them fruitless.
The tariff spares roughly 2,100 products, including beef, coffee, orange juice, and aircraft parts. The USTR widened the exemptions to cover inputs US industry cannot easily replace, from pig iron to soluble coffee to some pharmaceuticals, while rejecting pleas from makers of machinery, footwear, apparel and paper. It also stripped…
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