The U.S. will impose a 25% tariff on some imports from Brazil
The United States will impose a 25% tariff on certain goods from Brazil following findings of unfair trade practices by that country. The tariffs, which the U.S. announced last month, will take effect on July 22.
At the same time, certain goods that are not produced in the U.S. or that could affect the stability of supply chains will be exempt from the tariffs. Specifically, coffee, beef, oranges and orange juice, certain oil and gas energy resources, as well as parts and components for the aerospace industry, have been exempted from the tariffs.
Following a year-long investigation, the Office of the U.S. Trade Representative concluded that Brazil engages in a number of unfair trade practices. These include insufficient compliance with anti-corruption laws, unfair customs tariffs, and other measures that the U.S. considers unjustified.
Despite this, the U.S. has maintained a trade surplus in goods with Brazil for many years.
U.S. Trade Representative Jamison Greer stated that the imposition of tariffs is intended to ensure a level playing field for American workers and companies. At the same time, he emphasized that Washington remains open to further negotiations with Brazil to resolve the identified trade issues.
This was reported by the Associated Press.
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