Overview
- President Donald Trump signed an executive order eliminating the additional 40% levy on Brazilian coffee and removing tariffs on fruit and beef.
- The changes apply to shipments entering the United States on or after Nov. 13, according to the order.
- Cecafé said the prior surcharges caused a “complete loss of competitiveness” and called the reversal “a historic victory” for the coffee sector.
- Brazilian President Luiz Inácio Lula da Silva praised the decision on X and said trade talks with Washington will continue.
- U.S. government data show Brazil supplied about 30% of the American coffee market before the July tariff hikes.