ports

US imposes 25% tariff on Brazilian goods as trade policy shifts

The Trump administration will levy a 25% tariff on select Brazilian imports effective July 22, following a year-long investigation into alleged unfair trade practices including weak anti-corruption enforcement and unreasonable tariff policies. The move marks the latest US trade action after the Supreme Court struck down the International Emergency Economic Powers Act tariff regime earlier this year. Coffee, beef, oranges, orange juice, certain oil and gas products, and aerospace components remain exempt to prevent domestic supply chain disruption. Meanwhile, shippers are navigating newly implemented trade agreements that may offset tariff costs across supply chains. The EU-US trade pact, which took effect this month under negotiations begun during the April tariff uncertainty period, provides immediate duty-free status for selected US chemicals, pharmaceuticals, metals and machinery. It also offers partial relief on certain produce and tariff-rate quotas for meat, dairy and seafood products through 2029.