Tariff excludes 44.6% of exports from Brazil to the USA, informs MDIC

The 50% tariff imposed by the government excludes 44.6% of Brazilian exports in values to the United States, the Ministry of Development, Industry, Commerce and Services (MDIC) announced on Wednesday (31). The folder calculated the impact of the list with about 700 exceptions for products that were out of overlapping. These 700 items, including planes, cellulose, orange juice, oil and iron ore, will continue to pay the tariff up to 10% defined in April. According to the folder, the measures announced on Wednesday (30) will only focus on 35.9% of Brazilian exports to the. There are also 19.5% of sales subject to specific tariffs, adopted by the Government of Donald Trump based on national security arguments. These products include auto parts and cars from all countries, which pay 25% to enter the United States since May.

Steel, aluminum and copper pay 50% rate, but, according to the MDIC survey, are within 19.5% because the rates were defined based on the national security arguments in February, with entry into force in March. According to the MDIC, 64.1% of Brazilian exports continue to compete in similar conditions with products from other countries in the US market. This percentage is the sum of the 44.6% excluded sales sales and 19.5% of exports with specific tariffs. According to the MDIC’s Foreign Trade Secretariat, the survey is preliminary and was prepared based on Brazilian exports to the United States in 2024. The Brazilian government expects some clarifications on whether some product specifications are off the list of exceptions.

The folder clarified that the products in transit to the United States will not be affected by additional tariffs. The decision, issued on Thursday (30), excluded from the increase of the fare goods that have been shipped in Brazil until seven days after the date of the executive order, observing the conditions provided.

*With information from Agência Brasil
Posted by Fernando Dias