World News
US hits Brazil with 25% tariffs, Lula slams ‘unfair trade practices’
US officials further alleged that Brazil granted more favorable tariff treatment to India and Mexico than to American exporters.
Despite the new measures, Washington excluded several products from the tariffs, including oranges, orange juice, certain energy products, and aerospace parts.
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Brazil rejects allegations, condemns tariffs
Brazil’s presidency condemned the US decision, rejecting allegations of unfair trade practices.
“The Brazilian government repudiates the decision announced today by the United States government regarding the imposition of 25 percent tariffs on Brazilian products,” President Lula’s office said in a statement.
The Section 301 investigation, launched last year at President Donald Trump’s direction, also reviewed Brazil’s anti-corruption enforcement, ethanol market access, intellectual property protections and efforts to combat illegal deforestation.
The latest tariffs add to trade tensions between the Western Hemisphere’s two largest economies, even as US officials say negotiations remain possible.
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