U.S. Tariffs on Brazilian Exports: What’s Exempt?

In a substantial shift in trade relations, U.S. President Donald Trump has authorized an executive order enforcing a 40% tariff on Brazilian exports, increasing the total tariff to 50%. Despite the hike, multiple categories have been exempted, specifically those already subject to distinct tariffs.

Noteworthy exemptions include passenger vehicles, iron and steel products, and several aircraft parts. Agricultural and food products like Brazil nuts and orange juice are also spared from the additional tax.

The action aligns with Trump's trade strategy, focusing on high tariffs while maintaining critical import channels. The decision underscores a commitment to addressing trade imbalances while acknowledging the complexities of international supply chains.

(With inputs from agencies.)