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US unveils new 25% tariff on certain imports from Brazil

US unveils new 25% tariff on certain imports from Brazil

By GhanaSummary NewsroomNigeria

In Brazil’s case, a senior US official took aim Wednesday at what Washington deemed as adverse actions on digital trade, alongside “unfair” competition linked to state-owned electronic payments system PIX, among other issues.

The United States announced on Wednesday a new tariff on various imports from Brazil, following a year-long investigation into the Latin American giant’s trade and other policies.

US Trade Representative Jamieson Greer said Brazil’s “unreasonable acts, policies, and practices” have hurt US commerce by unfairly benefitting Brazilian producers and “restricting access to one of the world’s top export markets.

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