"Cecafé, Brazil's coffee exporters council, called the tariff hike "a complete loss of competitiveness." "The tariff reversal comes after months of intense work representing the interests of Brazilian coffee. It is a historic victory for the entire coffee agribusiness production chain," the council said in a statement. Brazil has long been a key supplier of beef and coffee to the United States."
"The U.S. leader had imposed additional import taxes on Brazilian goods, citing trade practices he deemed unfair and the prosecution of former President Jair Bolsonaro, who was later sentenced to 27 years in prison for attempting to stage a coup after losing the 2022 election. Before the tariffs, U.S. government data showed Brazil, the world's top coffee producer, supplied about 30% of the American market, followed by Colombia at roughly 20% and Vietnam at about 10%."
The U.S. lifted a 40% tariff on multiple Brazilian agricultural products to lower consumer costs, affecting coffee, fruit and beef. Cecafé described the prior tariff as a complete loss of competitiveness and called the reversal a historic victory for the coffee agribusiness after months of representation. The tariffs had been imposed over alleged unfair trade practices and the prosecution of former President Jair Bolsonaro. Before the tariffs, Brazil supplied about 30% of the U.S. coffee market, followed by Colombia and Vietnam. President Lula welcomed the removal as a victory for diplomacy and said trade talks with the U.S. will continue.
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