TRADE
Brazil's exporters warn Washington: tariffs will only push the country toward China
From the left: Eduardo Bolsonaro, Flávio Bolsonaro, former WTO head Roberto Azevêdo and Letícia Masselli, a representative of footwear producers. Photo: @BolsonaroSP
The Office of the US Trade Representative (USTR) held two days of hearings this week on what it calls Brazil's unfair trade practices, a process likely to result next week in 25% tariffs on a broad range of Brazilian goods — with a separate investigation that could add another 12.5%. Brazilian trade groups descended on Washington to make their case, and their argument carried a warning …
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