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X @Bloomberg
Bloomberg· 2025-08-19 00:13
Trade Relations - Brazil rejects US allegations of unfair trade practices [1] - Brazil describes the US Trade Representative's investigation as an illegitimate use of unilateral US trade law [1]
X @Bloomberg
Bloomberg· 2025-07-15 23:32
Trade Relations - The US Trade Representative initiated an investigation into Brazil's trade practices [1] - The investigation focuses on whether Brazil's practices unfairly restrict US exports [1]
President Trump directs USTR to launch investigation into Brazil's trade practices
CNBC Television· 2025-07-10 11:27
Trade Relations & Tariffs - The US president threatened Brazil with a 50% tariff, the steepest tariff threatened against any trading partner this week [1] - The US Trade Representative is directed to investigate unfair digital trade practices, potentially leading to further tariffs [2] - Unlike other trade disputes, the US has a trade surplus with Brazil, meaning there is no deficit to address [2] Political Motivations - The tariffs are explicitly for political reasons, citing Brazil's treatment of Bolsinaro and attacks on free elections and free speech [3] Brazil-China Relations - Beijing is heavily investing in Brazil, seeking to diversify away from the US [4] - Approximately 28% of Brazil's exports, amounting to 94 billion dollars annually, go to China [4] - Only about 12% of Brazil's exports are directed to the US [4]