The US imposes new duties against Brazil – the rate has increased to 50%
31 July 04:03
President Donald Trump has signed an executive order imposing an additional 40% tariff on Brazil, bringing the total tariff to 50%. It will take effect on August 1.
This was reported by the White House press service, "Komersant Ukrainian" reports
They explained that the duties are a response to “unusual and extraordinary actions” of the Brazilian government, which, according to Trump, harms American companies, the right to freedom of speech of US citizens, foreign policy and the country’s economy.
“The executive order finds that the politically motivated persecution, intimidation, harassment, censorship, and prosecution of former Brazilian President Jair Bolsonaro and thousands of his supporters by the Brazilian government constitute serious human rights violations that undermine the rule of law in Brazil,” the statement said.
In addition, it is noted that Trump “has consistently reaffirmed his commitment to protecting the national security, foreign policy, and economy of the United States from foreign threats.”
on July 10, after a public dispute with Brazilian President Luiz Inacio Lula da Silva, who had previously called him an “unwanted emperor,” the White House chief threatened to impose a 50% duty on all imports from Brazil.
Trump’s trade wars
Donald Trump’s administration has imposed trade restrictions on China, Mexico, and Canada, the three largest trading partners of the United States. The US government imposed an import duty of 25% of the value of goods from Canada and Mexico, and a 20% duty on goods from China. An additional duty is imposed on Canadian energy products.
These measures have caused concern among U.S. companies that depend on metals imports from Canada and Mexico. They are expected to look for alternative sources of supply, in particular in the Middle East, India, Chile, and Peru, which could lead to higher prices for aluminum and copper in the United States.
In addition, Canadian consumers have responded to the imposition of duties by boycotting American goods, canceling trips to the United States and refusing to buy American alcohol.
Economists warn that such trade disputes could slow global economic growth and cause inflation. Stock markets in the Gulf countries earlier reacted with a decline due to fears of a possible trade conflict. The cryptocurrency market also collapsed earlier.
All tariffs imposed by Trump in 2025
1. Tariffs on steel and aluminum
- Announced: february 10, 2025.
- Entered into force: march 12, 2025.
- Rate: 25% on all imported steel and aluminum products.
- Additional: Trump said that all duty-free steel products must be “melted and cast” in the United States, and aluminum products must be “smelted and cast.”
2. Tariffs on Chinese goods
- Announced: february 1, 2025.
- Entered into force: february 4, 2025 (10%), March 4, 2025 (increased to 20%).
- Rate: 20% on all Chinese goods.
3. Tariffs on goods from Canada
- Announced: february 1, 2025.
- Entered into force: march 4, 2025.
- Rate: 25% on all Canadian goods (exception: 10% on energy).
- Adjustments: on March 6, tariffs on USMCA-compliant goods were postponed until April 2, 2025.
4. Tariffs on goods from Mexico
- Announced: february 1, 2025.
- Entered into force: march 4, 2025.
- Rate: 25% on all Mexican goods.
- Adjustments: on March 6, tariffs on USMCA-compliant goods were postponed until April 2, 2025.
5. Tariffs on Canadian oil, gas and potash fertilizers (potash)
- Announced: february 1, 2025.
- Entered into force: march 4, 2025.
- Rate: 10%.
- Adjustments: on March 6, the potash tariff was reduced to 10% and all energy tariffs were postponed until April 2, 2025.
6. De minimis suspension for China, Mexico and Canada
- Announced: February 2025.
- Action: Duty exemptions on low-value imported goods are temporarily canceled.
- Adjustments: on February 7, 2025, Trump reinstated the exemptions.
7. Plan to implement “recycle tariffs”
- Announced: february 13, 2025
- Expected launch: april 2, 2025
- What it means: calculation of duties based on the trade balance and tax rates of the US partners
8. Tariffs on copper
- Announced: march 12, 2025.
- Expected implementation: in the nearest future.
9. Threats of tariffs on the EU
- Announced: february 2, 2025.
- Expected implementation: uncertain.
- Possible measures: 200% tariff on alcohol from the EU.
10. Investigation into Canadian timber
- Announced: march 1, 2025.
- Possibility of imposing tariffs due to the threat to US national security.
Tariffs of other countries in response to Trump’s policy
Canada
First round of tariffs
- Announced: february 1, 2025.
- Entered into force: march 4, 2025.
- Rate: 25%.
- Amount: uSD 20.8 billion. U.S. dollars (C$30 billion).
- Adjustments: on March 6, Canada postponed the expansion of tariffs to 86 billion dollars. The tariffs were postponed to USD 86 billion (CAD 125 billion).
Second round of tariffs
- Announced: march 12, 2025.
- Entered into force: march 13, 2025.
- Rate: 25%.
- Amount: uSD 20.6 billion. USD (29.8 billion Canadian dollars).
- Main products: steel, aluminum, industrial and agricultural products.