Measure affects 36% of the products Brazil sends to the US market, covering items such as agricultural machines, meat and coffee
The new 50% surcharge on Brazilian exports to determined by the President began to apply on Wednesday (6). This rate affects 36% of the products Brazil sends to the US market, covering items such as agricultural machines, meat and coffee. The decree establishing this measure includes about 700 exceptions, allowing 43% of the value of Brazilian exports to the US to be not affected by new rates. Among the products that escape the surcharge are derived from oil and orange juice. However, items such as steel, aluminum and auto parts face specific sectoral tariffs.
Since April, Brazil has dealt with a 10%surcharge, and now, with the new rule, products that are not on the list of exceptions will have to bear a 50%rate, in addition to the usual rates. Ethanol, for example, will have a rate of 52.5%. The decree explicitly mentions Minister Alexandre de Moraes and former President Jair Bolsonaro, and the White House justifies the measure as a way to “face threats to national security, foreign policy and the economy of the United States.” This approach has generated concerns about trade relations between the two countries.
In addition to the new rates, Trump also announced that he will make a decision on sanctions on nations that buy oil from Russia. This situation may have repercussions for Brazil, which currently imports 60% of the European country diesel. In June, Brazil spent R $ 2.8 billion on the acquisition of Russian diesel, which makes the situation even more delicate for the Brazilian economy.
*Report produced with the aid of AI
