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U.S. Lifts 40% Surcharge on 212 Brazilian Goods After Agricultural Tariff Reboot

The move follows direct talks with Lula, signaling a selective reset of U.S. agricultural trade.

Overview

  • Earlier in the day, the White House scrapped reciprocal agricultural tariffs for most exporters, initially leaving Brazil excluded from the relief.
  • Hours later, President Trump removed the 40% add-on for 212 Brazilian items, including beef, coffee, cacao and vegetables, with some fruits subject to seasonal treatment.
  • The rollback is retroactive to Nov. 13, with reimbursements for affected imports starting from that date.
  • Trump cited “initial progress” in negotiations with Brazil, referencing an Oct. 6 call with Lula, a Oct. 26 meeting in Kuala Lumpur and subsequent ministerial contacts.
  • The exemption lists extend beyond farm goods to fertilizers, fuels, chemicals and aviation components, reflecting a targeted approach that officials say remains under negotiation.