U.S. President Donald Trump removed his 40% tariffs on Brazilian food products, including beef, coffee, cocoa and fruits that were imposed in July to punish Brazil over the prosecution of its former president, Trump ally Jair Bolsonaro.
The move follows a similar order by the administration last Friday to remove tariffs on several agricultural products from other countries as the White House makes a U-turn on some tariffs that have increased the cost of food in the United States.
The order will affect Brazilian imports to the U.S. on or after 13 November and may require a refund of the duties collected on those goods while the tariffs were still being charged, according to the text of the order released by the White House.
Brazil normally supplies a third of the coffee used in the United States, the world's largest coffee drinker, and has more recently become an important supplier of beef, particularly the type that is used to make burgers.
U.S. retail coffee prices rose as much as 40% this year due to the tariffs and other market factors such as weather-induced production shortfalls.
"The decision (to lift Brazil tariffs) shows the effectiveness of the trade negotiations," said Brazilian beef industry group ABIEC, adding it will continue to work to increase its share in the market.
Trump's executive order on Thursday did not mention the actions against Brazilian authorities involved in the prosecution and conviction of former President Jair Bolsonaro for plotting a coup to remain in power after losing the 2022 election.
Brazil's President Luiz Inacio Lula da Silva said on Thursday he was glad that the 40% tariff was removed.
The Trump administration on Thursday finalised rules revoking the Environmental Protection Agency’s authority to regulate greenhouse gas emissions, ...
The formation of a black hole can be quite a violent event, with a massive dying star blowing up and some of its remnants collapsing to form an except...
Medical group accuses paramilitary force of targeting civilians in al-Kurqal area, urges international action to protect residents....
Day 6 of the Milano Cortina 2026 Winter Olympics brought fans and photographers unforgettable moments of athleticism, determination and sheer joy. Fro...
U.S. border chief Tom Homan said on Thursday (12 February) a federal immigration crackdown in Minnesota will end after months of raids that led to mor...
India has not made any statement on halting purchases of Russian oil despite claims by US President Donald Trump that such a step was part of a new trade accord with Washington, the Kremlin said on Tuesday (3 February).
U.S. President Donald Trump has warned of tariffs on countries supplying oil to Cuba on Thursday (29 January), as Washington ramps up pressure on the Caribbean nation.
India and the European Union have finalised a long-pending trade deal, both sides said on Tuesday, calling it the “mother of all deals” as they seek to hedge against uncertainty in U.S. trade ties.
Canadian Prime Minister Mark Carney said on Sunday that his government has no intention of pursuing a free trade agreement with China, pushing back against claims by President Donald Trump, who has threatened to impose sweeping tariffs on Canadian goods if Ottawa deepens trade ties with Beijing.
A senior adviser to Iran’s Supreme Leader said on Tuesday that negotiations with the United States must remain focused on the nuclear issue and be grounded in realism, as Washington and Tehran prepare to resume talks mediated by Oman.
James Van Der Beek, who rose to fame as Dawson Leery in the hit teen drama Dawson’s Creek, has died aged 48 following a battle with stage 3 colorectal cancer.
Canadian Prime Minister Mark Carney said a bridge project linking Canada’s Ontario province with the U.S. state of Michigan would contribute to cooperation between the two countries.
U.S. President Donald Trump and Prime Minister of Israel Trump hosted Netanyahu for closed-door talks focused on negotiations with Tehran, Gaza and wider rBenjamin Netanyahu ended a two-and-a-half-hour meeting at The White House on Wednesday without reaching agreement on how to move forward on Iran.
Mexican Alpine skier Lasse Gaxiola will have his mother for company on his Olympic debut but she will not be cheering him from the finish area in Saturday's giant slalom in Bormio because she will be three hours away preparing her own race.
Medical group accuses paramilitary force of targeting civilians in al-Kurqal area, urges international action to protect residents.
Day 6 of the Milano Cortina 2026 Winter Olympics brought fans and photographers unforgettable moments of athleticism, determination and sheer joy. From the ice rinks of Milan to the snowy slopes of Livigno, athletes pushed themselves to the limit delivering breathtaking performances.
U.S. border chief Tom Homan said on Thursday (12 February) a federal immigration crackdown in Minnesota will end after months of raids that led to more than 4,000 arrests, mass protests and two fatal shootings.
Norwegian police searched the homes of former prime minister Thorbjørn Jagland on Thursday (12 February) as part of an ongoing investigation into alleged ties between prominent Norwegians and the late U.S. sex offender Jeffrey Epstein, authorities and media reports said.
North Korean leader Kim Jong Un has chosen his teenage daughter as his successor, South Korea’s spy agency told lawmakers on Thursday.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment