Brazil braces for new U.S. tariffs as Washington broadens trade push: Report
The move would hit more than 4,000 products and $15 billion in annual trade as Washington broadens Section 301 enforcement.
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Brazil braces for new U.S. tariffs as Washington broadens trade push, sources say
Brazil is bracing for the United States to impose a new 25% tariff on thousands of its imports after months of intensive but largely unproductive negotiations, three people familiar with the matter told Reuters, in a move expected to kick off a broader round of U.S. tariffs affecting multiple countries.
Government intensifies dialogue before Trump's final decision
Teams of the Ministry of Development, Industry, Trade and Services (MDIC), the Ministry of Foreign Affairs (MRE) and President Lula's Special Advisor met on Tuesday with US Trade Representative Jamieson Greer on the eve of the US to take a decision on the new Brazilian product tariff. It was the fifth meeting since May 7, when Lula and Donald Trump decided to establish a working group dedicated to trade dialogue.
The announcement by U.S. President Donald Trump's government, scheduled for Wednesday, could affect more than 4,000 products,
Forbes, the world's most renowned business and economic magazine. The new 25% tariff can reach more than 4,000 Brazilian products, after months of intense negotiations The post Brazil Getting Ready for New U.S. Tariffs While Washington Expands Commercial Pressure appeared first in Forbes Brazil.
The Brazilian government again criticized the possible imposition of new US tariffs on national products. On Tuesday, 14, teams of the Ministries of Development, Industry, Trade and Services (MDIC) and Foreign Relations, in addition to the special advice of President Luiz Inácio Lula da Silva, met with US Trade Representative Jamieson Greer. On the occasion, Brazilians classified the measure as "unfair." The meeting took place on the eve of the …
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