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6m ago

U.S. Rolls Back 10% Tariff on Food Imports as Brazil Still Faces 40% Surcharge

The move lifts the 10% global levy, leaving a Brazil‑only 40% surcharge that negotiators now aim to unwind.

Redução de tarifas recíprocas anunciada pelos Estados Unidos traz alívio de 10% para o Brasil, que continua a ser alvo da taxação de 40%.
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Ministro diz que redução das tarifas mostra volta à “normalidade” entre Brasil e Estados Unidos.
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Overview

  • The order is retroactive to November 13 and directs refunds of duties already collected under Customs and Border Protection procedures.
  • It covers roughly 200–238 food items, including coffee, beef, bananas and other staples, and removes only the reciprocal 10% layer.
  • For Brazilian goods, the total rate drops from 50% to 40%, while some competitors received deeper relief or zero rates, intensifying a competitive gap.
  • Brazilian officials and exporters welcomed partial relief; Vice President Geraldo Alckmin said the share of exports free of surcharges rose to 26% (about $10 billion) and called the remaining 40% a distortion.
  • President Donald Trump signaled no further cuts are likely; the White House cited domestic supply and price pressures as talks continue following Lula–Trump and Vieira–Rubio meetings.