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[POLITICS] · United States, Brazil · 100 sources

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United States imposes 25% tariff on Brazilian exports

The United States announced a new 25 percent tariff on a broad range of Brazilian products, to take effect on 22 July 2026. The measure follows a year‑long Section 301 investigation by the U.S. Trade Representative (USTR), which accused Brazil of unfair trade practices related to digital payments (PIX), illegal deforestation, ethanol market access, and other issues. Exemptions include beef, coffee, certain aircraft parts, oil and gas products, and a selection of other items deemed essential for the U.S. market.

Brazil rejected the tariff as illegitimate, citing a $424 billion U.S. trade surplus with Brazil over the past 15 years and the lack of multilateral legal basis. President Luiz Inácio Lula’s government said it would invoke the 2025 Reciprocity Law and pursue remedies at the World Trade Organization. Foreign Minister Mauro Vieira and Finance Minister Dario Durigan reiterated Brazil’s willingness to negotiate while defending national sovereignty, especially the PIX system. The Supreme Court’s president, Edson Fachin, stressed judicial independence amid U.S. claims of “secret orders” against U.S. social‑media firms.

Financial markets reacted sharply: the dollar rose to around R$5.10 per U.S. dollar and Brazil’s Ibovespa fell more than 1 percent as investors priced in potential trade disruptions.

Sources

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A portagem de Ormuz [jornaleconomico.sapo.pt]
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