U.S. President Donald Trump signed an executive order on 30 July imposing a 50% tariff on most Brazilian exports, but the measure carves out a broad range of exemptions designed to blunt the impact on U.S. supply chains. According to a White House fact sheet, the order spares products such as orange juice and pulp, civil aircraft and related parts, wood pulp, crude and refined oil products, selected fertilizers, pig iron and several precious-metal shipments. The exclusions follow lobbying by U.S. importers that rely on Brazilian raw materials and components. Brazilian Vice President and Commerce Minister Geraldo Alckmin said the carve-outs remove about 45% of Brazil’s exports to the United States from the new 50% rate. Roughly 35.9% of shipments will now face the full tariff, while the remaining 20% fall under pre-existing global duties that range from 10% to 50%. Alckmin condemned the decision as a “lose-lose” for both economies, arguing that higher border taxes will ultimately raise costs for U.S. consumers. He added that Brasília will press Washington to lower the duty on coffee—an item the United States does not produce—and, if necessary, seek alternative markets for the crop. The partial reprieve offers relief to sectors such as aviation, energy and specialty metals, yet leaves industries from coffee and beef to footwear exposed. The dispute adds a fresh layer of trade tension just months after Washington’s steep duties on Chinese goods took effect.
#BRAZIL'S ALCKMIN: WE WILL WORK TO GET THE U.S. TO LOWER TARIFF ON COFFEE, THEY DO NOT GROW COFFEE #BRAZIL'S ALCKMIN: #BRAZIL WILL HAVE TO SEEK OTHER MARKETS FOR COFFEE, OR WORK WITH THE U.S. TO SOLVE TARIFF SITUATION #BRAZIL'S ALCKMIN: U.S. TARIFFS ARE A LOSE-LOSE SITUATION,
Brazil’s Commerce Minister Alckmin announced that Brazil needs to find new markets for coffee or negotiate with the US to resolve tariff issues. He also mentioned efforts to get the US to lower coffee tariffs, pointing out that the US does not produce coffee. ☕🇧🇷🇺🇸
Brazil’s Commerce Minister Alckmin announced that Brazil needs to find new markets for coffee or negotiate with the US to resolve tariff issues. He also mentioned efforts to get the US to lower coffee tariffs, pointing out that the US does not produce coffee.