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18m ago

U.S. Scraps 10% Farm Tariff, Leaves 40% Surcharge on Brazil in Place

The White House says the step is intended to ease grocery prices.

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

  • President Trump signed an executive order removing the 10% reciprocal tariff on hundreds of agricultural imports, with the change made retroactive to November 13 and refunds to be processed under standard U.S. Customs procedures.
  • Brazilian officials confirmed the 40% punitive surcharge imposed in August remains, so eligible Brazilian items such as coffee and beef drop from a 50% extra duty to 40%.
  • The exemption list spans key foods and inputs, including coffee, beef, bananas, tomatoes, açaí and certain fertilizers, reflecting products the U.S. says are not supplied domestically in sufficient quantity.
  • U.S. Trade Representative Jamieson Greer said the timing aligns with a broader strategy to free essential goods, and the White House framed the move as a response to rising supermarket prices for items like coffee and meat.
  • Brazil’s government and exporters welcomed the partial relief but called it insufficient, noting ongoing uncertainty and continuing negotiations led by Mauro Vieira and Marco Rubio; Trump signaled no further cuts are planned, calling this a small rollback.