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Brazilian coffee, beef and tropical fruit will still be tariffed 40%, says Brazil’s vice president
Despite some tariff cuts, a 40% levy remains on key Brazilian exports to the U.S., affecting coffee, beef, and tropical fruits, covering 74% of export goods, Vice President Alckmin said.
- On Saturday, Brazilian Vice President Geraldo Alckmin said Brazilian exports to the U.S., including coffee, beef and tropical fruits, remain subject to a 40% additional tariff despite some levies being removed on Friday.
- In July, the administration imposed a 40% tariff linked to Jair Bolsonaro's trial, which critics called overtly political, Alckmin said.
- Market signals showed stress, with record-high beef prices noted and tariffs cited as a factor, while Pavel Cardoso, president of the Brazilian Association of the Coffee Industry, pledged to ensure legal certainty and competitiveness.
- The vice president welcomed the move but said a distortion remains to be fixed as Friday's decision means 26% of Brazilian goods enter the U.S. without additional tariffs, praising Lula's talks with Trump.
- Diplomacy continued with ministerial talks this week as U.S. Secretary of State Marco Rubio met Brazil's Foreign Minister Mauro Vieira, while Democrats criticized Friday's move and the administration defended tariffs.
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Brazilian coffee, beef and tropical fruit will still be tariffed 40%, says Brazil’s vice president
Brazil’s Vice President Geraldo Alckmin says Brazilian goods like coffee, beef and tropical fruits will still face a 40% tariff in the U.S.
·United States
Read Full ArticleGeraldo Alckmin considers the US tariff recovery to be positive, but says there are distortions about 40% maintained.
·Curitiba, Brazil
Read Full ArticleAccording to the Brazilian vice president, despite Donald Trump's recent actions, a 40 percent US tariff will still be imposed on Brazilian coffee, beef and tropical fruits, the AP reports.
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Total News Sources9
Leaning Left3Leaning Right0Center3Last UpdatedBias Distribution50% Left, 50% Center
Bias Distribution
- 50% of the sources lean Left, 50% of the sources are Center
50% Center
L 50%
C 50%
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