U.S. slaps 25% tariff on most Brazilian goods over 'unfair trade practices'
has levied 25% tariffs on most imports from Brazil effective next week, concluding a yearlong investigation into what Washington calls unfair trade...
Key points
- has levied 25% tariffs on most imports from Brazil effective next week, concluding a yearlong investigation into what Washington calls unfair trade practices, and reigniting tensions with the Latin American nation after negotiation fell apart.
- The action, taken under Section 301 of the Trade Act of 1974, targets Brazilian practices, such as orders directing American technology firms — including X, Meta, and Google — to remove certain political content and suspend accounts belonging to U.S.
- The fresh tariffs come after the Supreme Court in February struck down President Donald Trump's previous 50% levies on Brazilian goods, keeping in place only a 10% global tariff.
- In a post on X shortly after the official announcement, Secretary of State Marco Rubio said that President Luiz Inacio Lula da Silva's government had "not negotiated in good faith" and that the tariffs were the price of Lula "putting his own ego ahead of making a deal." The move followed months of engagement, including several high-level meetings between Brazilian officials and USTR representatives in recent weeks.
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has levied 25% tariffs on most imports from Brazil effective next week, concluding a yearlong investigation into what Washington calls unfair trade practices, and reigniting tensions with the Latin American nation after negotiation fell apart. The action, taken under Section 301 of the Trade Act of 1974, targets Brazilian practices, such as orders directing American technology firms — including X, Meta, and Google — to remove certain political content and suspend accounts belonging to U.S. The fresh tariffs come after the Supreme Court in February struck down President Donald Trump's previous 50% levies on Brazilian goods, keeping in place only a 10% global tariff. In a post on X shortly after the official announcement, Secretary of State Marco Rubio said that President Luiz Inacio Lula da Silva's government had "not negotiated in good faith" and that the tariffs were the price of Lula "putting his own ego ahead of making a deal." The move followed months of engagement, including several high-level meetings between Brazilian officials and USTR representatives in recent weeks. Lula reportedly said last month that Brazil would not accept the treatment his country had received,...