Brazil condemns US move to impose 25% tariffs next week
Summary
The United States, under President Trump’s administration, will impose 25% tariffs on some Brazilian products starting July 22. The US trade office says Brazil uses unfair trade practices, while Brazil’s government denies these claims and condemns the tariffs.Key Facts
- The US will start 25% tariffs on certain Brazilian goods on July 22.
- Some products like coffee, beef, oranges, some energy products, and aerospace parts are exempted.
- The US trade representative concluded Brazil has unfair trade practices after a one-year investigation.
- Brazil denies the accusations and says it did not engage in unfair trade.
- US officials say talks with Brazil failed to resolve trade issues.
- The tariffs are applied under section 301 of the Trade Act of 1974.
- Brazilian President Lula blames political reasons for the US action and points to local rival Flávio Bolsonaro.
- The US Supreme Court recently limited President Trump’s power to impose tariffs under a different law, but this new tariff uses a different legal basis.
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