US Targets Brazil With New 25% Tariff Over Trade Practices - Bloomberg

US Targets Brazil With New 25% Tariff Over Trade Practices  Bloomberg

Trump administration proposes 25% tariffs on Brazil despite US trade surplus

US claims world’s 10th-biggest economy engages in ‘unreasonable’ trade practices that ‘restrict US commerce’ Sign up for the Breaking News US newsletter email The Trump administration proposed 25% tariffs on imports from Brazil, charging that the world’s 10th-biggest economy engages in trade practices that are “unreasonable’’ and that “burden or restrict US commerce”. Luiz Inácio Lula da Silva said he received the decision “with indignation”. The Brazil president also blamed the decision by...

By Associated Press

US proposes 25% tariff to punish Brazil over trade practices

The Trump administration has proposed a new punitive tariff of 25 per cent on many imports from Brazil, after deciding its practices were unfair on a range of issues from digital trade to illegal deforestation, top trade official Jamieson Greer said late on Monday. The measures, under the Section 301 trade statute, cover areas such as electronic payment services, preferential tariffs, intellectual property protection and ethanol market access as well, the Office of the United States Trade...

By Reuters

Trump admin proposes 25% tariff to punish Brazil over trade practices - The Daily Star

Trump admin proposes 25% tariff to punish Brazil over trade practices  The Daily Star