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U.S. to impose 25% tariffs on Brazilian imports over unfair trade practices, White House says
CBS News • • nation
Key Points:
- The United States will impose 25% tariffs on certain imports from Brazil starting July 22, citing unfair trade practices by Brazil, including lax anti-corruption enforcement and unfair tariffs.
- Some Brazilian products such as coffee, beef, oranges, orange juice, certain energy products, and aerospace components are exempted from the tariffs to avoid disrupting U.S. supply chains and industries.
- U.S. Trade Representative Jamieson Greer accused Brazil of practices that hinder U.S. workers and producers from accessing the Brazilian market, which has over 210 million consumers.
- Brazilian President Luiz Inácio Lula da Silva condemned the tariffs, denying unfair trade practices and highlighting the longstanding U.S. trade surplus with Brazil, while U.S. officials dismissed political motivations behind the tariffs.
- The tariffs are imposed under Section 301 of the Trade Act of 1974 following a yearlong investigation, after the U.S. Supreme Court limited the use of a different law previously used by Trump to impose tariffs on Brazil.
