President Donald Trump on Wednesday instructed the United States Trade Representative (USTR) to impose additional 25 percent tariffs on most Brazilian imports entering the U.S. in response to unfair trading practices committed by Brazil in detriment of America.
The new tariffs on Brazil — which will come into effect on Monday, July 22 — come after a year-long USTR investigation and a June determination found that Brazil is incurring in several unfair trading practices. Among those are digital trade and electronic payment services; ethanol market access; illegal deforestation; preferential tariffs; and other actions that burden or restrict the…
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