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[POLITICS] · Brazil, United States · 4 sources

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Brazil Senate discusses US tariffs and rare earth mineral risks

The Brazilian Senate's Environment Committee (CMA) held a public hearing to discuss the impact of United States trade policies and the management of rare earth minerals. Senator Leany Lemos, who presided over the meeting, criticized the Trump administration's use of trade policy as a tool to serve specific interests, suggesting such actions threaten national sovereignty.

Since March 2025, the United States has implemented successive tariffs on foreign goods and services. Currently, 47.3% of Brazilian exports to the US—valued at approximately US$ 19.1 billion—are subject to additional taxes of up to 37.5%. Some specific tariffs announced in July 2025 have reached as high as 50%.

Renato Baumann, a researcher from the Institute for Applied Economic Research (Ipea), noted that these tariffs aim to force negotiations that result in increased investment within the United States. Additionally, the committee addressed the exploitation of rare earth minerals, noting that while Brazil holds the world's second-largest reserve, the sector presents both economic opportunities and environmental risks.

Entities

Donald Trump · Institute for Applied Economic Research · Leany Lemos · Renato Baumann · Senate Environment Committee

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