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2025-08-01 14:41:48
[10%+40% US imposes huge tariffs on Brazilian goods. Brazil: We will not compromise our sovereignty.] On July 31st, local time, US President Trump signed an executive order on "reciprocal tariffs," placing Brazil in the first tier of 10% tariffs. This executive order has a seven-day grace period and will take effect at midnight on August 7th. According to another executive order signed by Trump on July 30th, the United States will impose a 40% ad valorem tariff on Brazilian products exported to the United States starting August 6th, but Brazilian aircraft, nuts, orange juice, and some metal products will be exempted. According to data provided by Brazilian Vice President Alckmin, approximately 35.9% of Brazilian products exported to the United States will actually be subject to an additional tariff of 50%, a combination of the 10% "reciprocal tariff" and the 40% ad valorem tariff. (CCTV News)
