U.S. Trade Representative Jamieson Greer has announced the launch of an investigation into Brazil’s trade practices, following President Donald Trump’s warning of a 50% tariff on imports from the country.
The probe will assess whether Brazil’s approach to digital trade, preferential tariffs, and other trade-related policies are discriminatory and harmful to U.S. commerce. Greer said the decision came after extensive consultations and cited harm to American workers, farmers, and tech firms as a result of Brazil’s alleged practices.
"At President Trump’s direction, I am launching a Section 301 investigation into Brazil’s attacks," he added in a statement.
The move is part of President Donald Trump’s wider second-term trade strategy, which imposes tariffs on key partners to realign global trade in favour of the U.S.
Trump's 50% tariff on Brazil, effective from 1 August, is a steep hike from the proposed 10% and tied to calls to stop former President Jair Bolsonaro’s coup-related trial.
Trade experts expressed surprise at the high tariff, especially given that Brazil imports more from the U.S. than it exports.
Meanwhile, Brazil has not responded to the investigation. Vice President Geraldo Alckmin noted that Washington has yet to reply to proposals made in earlier trade talks.
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Iran on Saturday denounced U.S. plans to announce new sanctions that could put further strain on the Islamic Republic's economy and have an impact on its most important trading partners including China.
A large-scale drone attack has hit Russia's Samara region, damaging facilities and disrupting operations at an Ozon logistics complex, according to regional authorities and the company.
Ukrainian President Volodymyr Zelenskyy has rejected calls for a wartime election, arguing that holding a vote while Russia's full-scale invasion continues would divide the country and undermine national unity.
A newly created pro-government political party has secured a commanding victory in Kazakhstan's snap parliamentary election, according to exit polls, strengthening President Kassym-Jomart Tokayev's influence at a pivotal moment in the country's political transition.
Russia reported a major fire at an Ozon logistics hub in Krasnodar after a drone attack on Monday, while Ukraine’s President Volodymyr Zelenskyy denied Kyiv’s official involvement in the Nord Stream 2 pipeline blasts.
Russia reported a major fire at an Ozon logistics hub in Krasnodar after a drone attack on Monday, while Ukraine’s President Volodymyr Zelenskyy denied Kyiv’s official involvement in the Nord Stream 2 pipeline blasts.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 24th of August, covering the latest developments.
New Zealand Prime Minister Christopher Luxon said on Monday that his party will introduce a bill to ban children under 16 from using social media. The proposal would allow fines of up to 10 per cent of a platform’s global revenue for non-compliance.
Icelanders will vote on Saturday, 29 August, on whether to begin negotiations with the European Union, in a referendum that could reopen the country’s long-debated membership question.
At least 30 people have been killed after a massive landfill collapsed onto homes in Guinea's capital, Conakry, following heavy overnight rainfall that triggered a deadly landslide of waste in one of the city's densely populated districts.
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