TARIFFS
Tempered optimism with latest US tariff easing

Brazilian orange juice saw US tariffs overturned, but other export products still face high surcharges. Photo: Alf Ribeiro/Shutterstock
The White House’s announcement late Friday that it would roll back import tariffs on roughly 200 products was greeted in Brasília as another step toward normalizing US-Brazil trade relations, which have been strained since Donald Trump launched a tariff war against Brazil. Still, excitement is tempered.
The change concerns Washington’s “reciprocal tariffs,” a 10% baseline levy Trump imposed in April 2025 on most countries. According to Brazil’s Agriculture Ministry, the new executive order…

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