Overview
- President Donald Trump signed an executive order removing the 10% 'reciprocal' tariff from a broad list that includes coffee, beef, tomatoes, bananas, tropical fruits, juices and some fertilizers.
- Brazilian officials say the change lowers U.S. duties on eligible Brazilian goods from 50% to 40%, because a separate 40% punitive surcharge tied to political disputes stays in force.
- The measure applies retroactively, with U.S. Customs set to process refunds of tariffs already collected under the rescinded 10% layer.
- The White House framed the move as a response to elevated food prices and limited domestic supply, and U.S. Trade Representative Jamieson Greer said the timing was right to exempt such items.
- Talks between Foreign Minister Mauro Vieira and Secretary of State Marco Rubio continue toward a provisional deal, while Brazilian exporters welcomed partial relief and Trump signaled no further cuts are planned for now.