US announces new 25% tariffs on Brazil for ‘unfair’ trade practices | CNN Business

The United States plans to impose a 25% tariff on some Brazilian imports from next week, after a yearlong investigation concluded that the country had engaged in “unfair” trade practices. It’s one of the first new tariffs to be imposed since President Donald Trump pledged to restore tariffs following a US Supreme Court ruling that struck down the basis of his import taxes earlier this year. United States Trade Representative (USTR) Jamieson Greer ‌announced the measures against Brazil in a statement late Wednesday, saying the US investigation concluded that Brazilian policies harm the interests of Americans on issues ranging from digital trade and ethanol market access to illegal deforestation. “President Lula and his government have not negotiated with the US in good faith,” Secretary of State Marco Rubio wrote on X. “His economic policies are bad for Americans and bad for Brazilians. For the past year, Lula has put his own ego ahead of making a deal for the welfare of the Brazilian people, and these tariffs are the price for that.” The tariffs will go into effect on July 22. Brazilian President Luiz Inácio Lula da Silva said there was “no justification” for t