Brazilian Exports to US Face 40% Tariff Despite Trump's Decision

Brazilian Vice President Geraldo Alckmin announces that while some tariffs on exports like orange juice have been removed, a forty percent tariff on key agricultural goods like coffee and beef to the U.S. remains. Despite President Trumps earlier decision to scrap some levies, Brazil still faces a higher tariff rate than other countries. Alckmin welcomes Trumps latest move but emphasizes the need to correct the distortion in trade relations. Brazil and the U.S. have seen improved relations following meetings between leaders, with ongoing efforts to reach a trade deal. The Daily News Now! - Every city. Every story. AI Powered. Hosted on Acast. See acast.com/privacy for more information.