Brazilian Exports Still Face 40% Tariff

Brazilian Vice President Alckmin announces that key exports to the U.S., like coffee and beef, will still face a 40% tariff, despite Trumps recent decision to remove some import taxes. Trump had previously imposed a 40% tariff on Brazil, citing political reasons. Alckmin welcomes Trumps latest decision but notes that a distortion in trade relations persists. Relations between the two countries have improved since Lula and Trumps meeting in October, with ongoing negotiations.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.