Overview
- President Donald Trump signed an order removing the additional 40% tariff on a broad list of Brazilian agricultural products, including coffee, beef and many fruits.
- Roughly 249 Brazilian items were added to the exceptions under Executive Order 14323, with duty payments since Nov. 13 eligible for reimbursement.
- The change is specific to Brazil, following a separate Nov. 14 rollback of a global 10% tariff on similar goods.
- Brasília and export groups hailed restored competitiveness, while opposition figures argued U.S. inflation and domestic politics motivated the move.
- Brazil says talks will continue to lift remaining surcharges on other goods, with some products such as soluble coffee, fish and industrial items still excluded.