US proposes 25% tariffs on Brazil under Section 301 for unfair trade practices

1 min read
Source: CNBC
US proposes 25% tariffs on Brazil under Section 301 for unfair trade practices
Photo: CNBC
TL;DR Summary

The U.S. Trade Representative proposed 25% tariffs on Brazilian goods under Section 301, accusing Brazil of unfair practices that burden U.S. commerce—from anti-corruption enforcement and IP protection to ethanol market access and deforestation—with a July 6 hearing planned as Washington and Brasília negotiate, despite some ongoing talks.

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