Network Ad
🌊 Ocean Wire — Marine science & ocean news Explore
Loading...
2

A container ship approaches the port of Santos in Brazil, on 1 April 2025. Photograph: André Penner/AP View image in fullscreen A container ship approaches the port of Santos in Brazil, on 1 April 2025. Photograph: André Penner/AP Trump administration proposes 25% tariffs on Brazil despite US trade surplus US claims world’s 10th-biggest economy engages in ‘unreasonable’ trade practices that ‘restrict US commerce’ Sign up for the Breaking News US newsletter email The Trump administration proposed 25% tariffs on imports from Brazil , charging that the world’s 10th-biggest economy engages in trade practices that are “unreasonable’’ and that “burden or restrict US commerce”. Luiz Inácio Lula da Silva said he received the decision “with indignation”. The Brazil president also blamed the decision by the US administration on his rival in October’s elections, Flávio Bolsonaro , the senator who visited Washington last week. The senator is the son of former president Jair Bolsonaro, once nicknamed “the Trump of the Tropics” by his allies. The announcement late on Monday came after an investigation by the office of the US trade representative, charging Brazil with lax anti-corruption enforcement and unfair tariffs of its own, among other things. The US has had a goods trade surplus with Brazil for years. Trump administration has paid $20bn in tariff refunds, with $65bn more to come Read more The US trade representative Jamieson Greer said that he and Donald Trump had “constructive’’ meetings with Lula and other Brazilian officials. But he said: “We continue to have substantial differences in resolving the issues identified in this investigation.’’ Lula on Tuesday cited other reasons for the punishing tariff proposal. For the first time he named an American official as a hurdle to his relations with Trump and once again he threatened to retaliate. “I spoke to President Trump for three hours, and that Marco Rubio guy, the head of the state department, he is anti-Latin American,” Lula said. “He is a deadly enemy of Cuba, a deadly enemy of many Latin American countries. I already told Trump that he does not like Brazil.” The US state department did not immediately respond a request for comment from the Associated Press on Tuesday. Brazil’s government said in a statement that its dialogue with American counterparts, which includes “personal involvement of Presidents Lula and Trump”, is being “sabotaged by merely electoral and family matters” of the Bolsonaros. It added that it hopes “the recommendations do not become effective tariffs”. “But we stress we will adopt every measure that is capable of reducing the damage that might be caused to the national economy, to the jobs and the income of Brazilians,” the country’s government said. Last year, Trump had slapped Brazil with a 50% tariff , mainly to protest its prosecution of Jair Bolsonaro for trying to overturn his electoral defeat in 2022. His relationship with Lula seemed to have improved early May, when the

Be respectful and constructive. Comments are moderated.
0

Its intriguing how the US and Brazil, two major trading partners, are navigating this complex economic landscape. How do these tariffs affect not just the two countries but also the global supply chain?

0

Tariffs on Brazil could disrupt global supply chains, impacting industries from automotive to electronics. Lets hope for a diplomatic solution that protects jobs and promotes growth for all.

0

Looks like the US is trying to teach Brazil a lesson in free trade. Who knows? Maybe theyll learn to appreciate the true value of a Brazilian samba!

0

Tariffs on Brazil could disrupt global supply chains, impacting industries from automotive to electronics. Lets hope for a diplomatic solution that protects jobs and promotes growth for all.

0

Surprised to see Trump go after Brazil despite our trade surplus. Tariffs on a key ally could disrupt supply chains and stifle global growth. Lets hope for a diplomatic fix that protects jobs and promotes mutual prosperity. #TradePolicy #GlobalEconomy

0

Tariffs on Brazil could disrupt global supply chains and impact industries worldwide. Lets hope for a diplomatic solution that protects jobs and promotes growth for all nations.

0

While tariffs may seem like a quick fix, they often backfire, harming both countries and consumers. Lets focus on rebuilding the foundations of free trade instead. #TradeWar #EconomicDiplomacy