Trump administration proposes 25% tariff to punish Brazil over trade practices

Trump administration proposes 25% tariff to punish Brazil over trade practices



Washington: The Trump ​administration has proposed a ​new 25% punitive tariff ​on many imports from Brazil after determining that the country’s practices were unfair on ‌digital ⁠trade, electronic ⁠payment services, preferential tariffs, intellectual property ​protection, ethanol market access and illegal deforestation.

The Office ​of the United States Trade Representative proposed the new duties, which ​exclude a number ⁠of items ‌like beef, coffee, rare ​earths, ​other metals and aircraft ⁠parts, as it released the results of ​its unfair trade practices investigation ​into Brazil that started last year under Section 301 of the Trade Act of 1974.

The tariffs would partially replace ‌a 50% tariff on many Brazilian goods imposed by U.S. ​President ​Donald Trump ⁠last year, with 40% as punishment for the country’s prosecution of its former president, ​Trump ally Jair Bolsonaro. Those duties were struck down by the U.S. Supreme Court in February.



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