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The Minister of the Civil House, , celebrated . In a post on social media on Friday night (14/11), the minister classified the act as a “”.
“The United States announced the withdrawal of taxes on — a decision that reinforces our country’s strength on the international stage,” wrote the minister.
Rui Costa highlighted the actions of the Brazilian government, led by President Luiz Inácio Lula da Silva, to try to overturn the “tariff”. The executive order signed on products such as coffee, beef, bananas and açaí.
“This achievement belongs to President @LulaOficial, who continues to defend Brazil’s sovereignty and interests at all negotiation tables,” he said.
Victory for Brazil!
The United States announced the withdrawal of duties on several Brazilian products — a decision that reinforces our country’s strength on the international stage.
This achievement is the result of the firm and strategic action of the president’s government…
— Rui Costa (@costa_rui)
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However, even with the reduction, Brazil still remains among the countries most affected by the surcharges applied by the Republican. The executive order signed by Trump and released by the White House only reduces the 10% reciprocal tariff, imposed by him on April 2 of this year. The additional rate of 40%, however, which was made official at the end of July, remains in effect.
As a result, according to a technical note from the National Confederation of Industry (CNI), 73.8% of Brazilian exports to the USA continue to be subject to the additional tariff. Before the review released this Friday, the percentage reached 77.8%, covering 6,037 products.
The measure was announced by the White House one day after Brazilian Foreign Minister, Mauro Vieira, met with US Secretary of State, Marco Rubio.
The meeting took place amid negotiations to reduce the 50% tariffs imposed by the Trump administration on Brazilian products. When leaving the agenda, the Brazilian chancellor informed that Brazil had presented a “general proposal” to deal with tariffs.
