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.
Iran has rejected claims it has been weakened, vowing instead “more crushing” attacks against the United States and ...
President Donald Trump said the U.S. "hasn't even started destroying what's left in Iran", rei...
Residents in Pakistan say they are feeling "crushed" and have to put filling up the tank before putting food on the table. Diesel is set ...
The 4-person crew in the Orion capsule on NASA's Artemis II space shuttle carried out a key thruster firing on Thursday, sending the ship ...
Russian Foreign Minister Sergei Lavrov discussed safety of navigation in the Strait of Hormuz by tele...
Some tariffs on foods and other imports from Argentina, Ecuador, Guatemala, and El Salvador will be removed under framework agreements that give U.S. firms greater market access, the United States said on Thursday.
The U.S. will lower tariffs on Japanese cars and auto parts by 16 September under a trade deal formalised by President Donald Trump, Japan’s chief negotiator said Tuesday.
On Friday, Canada is set to announce the removal of numerous retaliatory tariffs on American goods as a goodwill gesture to re-energise trade talks with Washington, a source told reporters.
The European Union is pushing for U.S. tariff cuts on European cars to take effect retroactively, as both sides released details of their July trade framework deal aimed at easing transatlantic trade tensions.
Fears of wider escalation grow despite President Donald Trump saying U.S. strikes on Iran could end within weeks. Meanwhile missile attacks, tanker incidents and rising casualties across Israel, Lebanon and the Gulf heighten risks to regional stability and energy routes.
There are fears of an oil spill after a drone strike hit a Kuwaiti oil tanker near Dubai on Tuesday, while U.S.-Israeli strikes in Iran reportedly killed at least two people. A loud explosion was heard in Beirut in southern Lebanon early Wednesday, as oil prices climbed above $100 a barrel.
Russian-flagged tanker carrying approximately 700,000 barrels of crude oil docked at Cuba's Matanzas oil terminal on Tuesday, shipping data confirmed, marking a vital and controversial delivery to an island paralysed by severe energy shortages and a suffocating U.S. blockade.
Four astronauts blasted off from Florida on Wednesday on NASA's Artemis II mission, a high-stakes voyage around the moon that marks the United States' boldest step yet toward returning humans to the lunar surface later this decade in a race with China.
An earthquake of magnitude 7.6 struck in Indonesia's Northern Molucca Sea on Thursday, killing one person, damaging some buildings and triggering tsunami waves, authorities and witnesses said.
The 2026 World Cup final is setting new records for sports ticketing costs, characterised by unprecedented price hikes and the debut of controversial sales models.
In a dramatic shake-up at the top of the U.S. Justice Department, President Donald Trump has removed Attorney General Pam Bondi from her post, a White House official confirmed on Thursday.
American President Donald Trump threatened on Wednesday to pull the United States out of NATO after European nations refused to join a U.S.-led naval mission to unblock the Strait of Hormuz.
France has unveiled a delayed wave of renewable energy tenders to boost energy independence and strengthen domestic and European industry.
China is emerging as one of the more stable economies amid the latest global oil shock, thanks to years of planning, diversified energy sources and a steady shift towards renewable power.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment