US targets Brazil with 25% tariffs over alleged unfair trade practices
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A 12.5% United States tariff on all Brazilian goods came into effect today just days after the White House slapped a 25% levy on a range of exports from the South American country.
Washington has accused Brazil of unfair trade practices toward U.S. companies and poor enforcement of ‘forced labor’ standards.
The 25% tariffs target goods including furniture, ethanol, machinery, footwear and sugar while the 12.5% levy – also applied to 59 other countries – is universal.
The Office of
Washington has accused Brazil of unfair trade practices toward U.S. companies and poor enforcement of ‘forced labor’ standards.
The 25% tariffs target goods including furniture, ethanol, machinery, footwear and sugar while the 12.5% levy – also applied to 59 other countries – is universal.
The Office of
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