U.S. Lifts 40% Tariff on 249 Brazilian Farm Imports, Retroactive to Nov. 13

Overview

• President Donald Trump signed a decree removing the extra 40% levy from a defined list of 249 Brazilian items, including coffee and beef, with duty refunds for shipments entered since Nov. 13.
• The action comes after last week’s rollback of a global 10% surcharge on similar goods; the new order is limited to Brazil.
• The decree cites an Oct. 6 call between Trump and President Luiz Inácio Lula da Silva and notes ongoing negotiations, while the emergency authority enabling surtaxes remains active and roughly 22% of Brazilian exports still face extra duties, according to Brazil’s government.
• Brazil’s government and export groups welcomed the relief as restoring competitiveness for coffee, beef and fruit producers after sharp losses, including a reported 51.5% drop in U.S. purchases of Brazilian coffee during the peak tariff period.
• Key exclusions persist, such as soluble coffee, fisheries, honey and various industrial and processed goods, as U.S. inflation pressures and political considerations were widely noted as influences on the timing of the rollback.