Close Menu
  • Home
  • AI
  • Entertainment
  • Finance
  • Sports
  • Tech
  • USA
  • World
  • Latest News

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

What's Hot

Microsoft and Google take on Anthropic and OpenAI with AI coding models

June 2, 2026

Carney: “Canada is weakening its Jewish community and Jews are being targeted”

June 2, 2026

India’s Zee Entertainment signs 2026 World Cup broadcast deal with FIFA | 2026 World Cup News

June 2, 2026
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram Vimeo
BWE News – USA, World, Tech, AI, Finance, Sports & Entertainment Updates
  • Home
  • AI
  • Entertainment
  • Finance
  • Sports
  • Tech
  • USA
  • World
  • Latest News
BWE News – USA, World, Tech, AI, Finance, Sports & Entertainment Updates
Home » Trump administration proposes 25% tariffs on Brazilian products due to unfair trade practices
Finance

Trump administration proposes 25% tariffs on Brazilian products due to unfair trade practices

adminBy adminJune 2, 2026No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp VKontakte Email
Share
Facebook Twitter LinkedIn Pinterest Email


Rio de Janeiro, Brazil, with Sugarloaf Mountain and Botafogo Beach in the background.

Jeremy Walker Stone | Getty Images

The Office of the U.S. Trade Representative has proposed imposing a 25% tariff on Brazilian products under Section 301, determining that the South American country has engaged in conduct that is “unreasonable and burdens or restricts U.S. commerce.”

These practices also include anti-corruption enforcement, intellectual property protection, access to the ethanol market, and illegal deforestation, according to a statement from the U.S. Trade Representative.

U.S. Trade Representative Jamieson Greer said the Section 301 investigation was initiated at the direction of President Donald Trump.

Gurría said Trump has had “several constructive talks” with Brazil’s Luiz Inácio Lula da Silva, but there remains a wide gap between the two countries when it comes to resolving the issues uncovered in the investigation.

USTR will hold a public hearing on the proposed action on July 6.

Section 301 is intended to address unjust foreign conduct that affects U.S. commerce and allows the president of the United States to impose tariffs if an investigation reveals that the conduct is unfair or discriminatory.

Back in July 2025, Brazil was slapped with a 50% tariff by President Trump as part of retaliation for the ongoing prosecution of former President Jair Bolsonaro.

However, those obligations were reversed by the US Supreme Court in February, leaving Washington only able to impose a 10% tariff on exports to the US worldwide.

Never miss the most trusted news moments in business news when you choose CNBC as your preferred source on Google.



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp Email
Previous ArticleAlphabet raises $80 billion to fund AI development through stock sale
Next Article Want Allie Haze’s hair from off-campus? Her stylist shares products
admin
  • Website

Related Posts

Blackstone closes Asia’s largest private equity fund for more than $13 billion

June 2, 2026

President Trump slams critics, says Iranian government ‘really wants’ deal

June 2, 2026

Softbank and Nvidia’s PC promotion

June 2, 2026

European stocks ended the day with a decline as Iran negotiations stalled. EasyJet to make takeover offer

June 2, 2026
Leave A Reply Cancel Reply

Our Picks

Newly freed hostages face long road to recovery after two years in captivity

October 15, 2025

Former Kenyan Prime Minister Raila Odinga dies at 80

October 15, 2025

New NATO member offers to buy more US weapons to Ukraine as Western aid dwindles

October 15, 2025

Russia expands drone targeting on Ukraine’s rail network

October 15, 2025
Don't Miss
Entertainment

Want Allie Haze’s hair from off-campus? Her stylist shares products

By adminJune 2, 20260

How can I best protect my hair color? The rich brown and golden honey highlights…

Why Kurt Russell and Goldie Hawn left Hollywood for Colorado

June 2, 2026

Jamie Lee Curtis’ sister dies of natural causes

June 2, 2026

Alix Earle’s ex Braxton Berrios signs with New York Giants after Texans escape

June 2, 2026
About Us
About Us

Welcome to BWE News – your trusted source for timely, reliable, and insightful news from around the globe.

At BWE News, we believe in keeping our readers informed with facts that matter. Our mission is to deliver clear, unbiased, and up-to-date news so you can stay ahead in an ever-changing world.

Our Picks

Carney: “Canada is weakening its Jewish community and Jews are being targeted”

June 2, 2026

Kiev hit by wave of Russian attacks, people fear trapped under rubble of apartment buildings

June 2, 2026

Hungarian Prime Minister Magyar threatens legal action if president refuses to resign

June 1, 2026

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Facebook X (Twitter) Instagram Pinterest
  • Home
  • About Us
  • Advertise With Us
  • Contact US
  • DMCA
  • Privacy Policy
  • Terms & Conditions
© 2026 bwenews. Designed by bwenews.

Type above and press Enter to search. Press Esc to cancel.