US Proposes 25 Percent Tariff on Brazilian Imports
The Trump administration has proposed a new 25 percent tariff on various Brazilian imports following a Section 301 investigation into unfair trade practices. The measures target electronic payments and intellectual property while excluding essential commodities like beef, coffee, and aircraft parts.
The United States proposed a 25% tariff on Brazil imports late evening Monday following a Section 301 investigation into unfair trade practices. The measures target electronic payments, ethanol, and intellectual property after recent bilateral negotiations failed to produce a deal. The Office of the United States Trade Representative found Brazilian practices regarding digital trade and illegal deforestation to be unreasonable and burdensome to U.S. commerce.
