July 16, 2026 12:06 PM
US launches new round of tariffs with 25% tax on most Brazil imports
The United States will impose a 25% tariff on most imports from Brazil starting July 22, the U.S. Trade Representative's office said on Wednesday, the first action under the Trump administration's new tariff strategy that could eventually affect dozens of countries. The new programme, launched after the U.S. Supreme Court tore down the centrepiece of Trump's tariff system earlier this year, is based on investigations into unfair trade practices under Section 301 of the U.S. Trade Act. Close to...