"President Donald Trump has further loosened tariffs on Brazil as part of his effort to lower consumer costs for Americans. The decision, released Thursday, affects coffee, fruit and beef, among other goods. The White House said last week that Trump was rolling back some worldwide tariffs that were originally announced in April. However, Brazil said that didn't affect levies that Trump had enacted in July to punish the country for prosecuting his political ally, former President Jair Bolsonaro."
"However, Brazil said that didn't affect levies that Trump had enacted in July to punish the country for prosecuting his political ally, former President Jair Bolsonaro. Thursday's decision harmonizes Trump's plans, ensuring that neither the April nor July tariffs apply to certain products. Trump and Brazilian President Luiz Inácio Lula da Silva have been negotiating over trade, which could further reduce tariffs."
President Donald Trump further loosened tariffs on Brazil to help lower consumer costs in the United States. The decision, released Thursday, reduces duties on coffee, fruit, beef and other goods. The White House indicated that some worldwide tariffs announced in April were being rolled back. Brazil said those rollbacks did not affect levies enacted in July that targeted the country over prosecution of former President Jair Bolsonaro. Thursday's action harmonizes the April and July measures so that neither set of tariffs applies to certain products. Trump and Brazilian President Luiz Inácio Lula da Silva have been negotiating trade changes that could further reduce tariffs.
Read at ABC7 Los Angeles
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