Trump simplifies customs duties on coffee, fruit and meat from Brazil

US President Donald Trump has announced further tariffs on imports from Brazil, including coffee, fruit and meat, to reduce costs for US consumers. The decision was announced on Thursday and is part of his broader strategy to improve the country's economic situation.

Source Yahoo Finance

The decision is a continuation of Trump's efforts to reduce international tariffs, which were introduced last July when the administration passed regulations aimed at punishing Brazil for doing justice to American businesses. Now Trump, along with Brazilian President Luiz Inacio Lula da Silva, is negotiating to reach a deal that benefits both sides and will help stabilize prices for universal goods. For now, it is important to watch the next steps in the negotiation process.