US EditionBrazilian 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.
54 Articles
54 Articles
Brazil's vice president says 40% US tariffs remain
RIO DE JANEIRO — Brazilian Vice President Geraldo Alckmin said Saturday that Brazilian exported goods to the U.S. including coffee, beef and tropical fruits still would be tariffed 40%, despite President Donald Trump's decision to remove some import taxes. On…
Brazil's Vice President: "Additional Tariffs on Coffee and Beef Will Remain Despite Us Tariff cuts."
(New York = Yonhap News) Correspondent Lee Ji-heon = Brazilian Vice President Geraldo Aukimim said on the 15th (local time) that U.S. President Donald Trump has agreed to a reciprocal agreement on some agricultural and livestock products...
Associated Press News
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.
The additional protectionist tariff imposed on Brazilian products was 10%. However, Brazil still has a 40% rate applied to its export and is negotiating between the Brazilian and American government.
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