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U.S. Tariff Hits Brazil Hard | San Antonio News
The U.S. slams Brazil with a 25% tariff on key imports starting July 22, citing unfair trade practices — but Brazil fires back, revealing American goods enter Brazil duty-free and face just a 3.1% average tariff. Brazil’s industry group warns the move hurts exports and fuels political turmoil ahead of elections, while Brazil prepares to retaliate with its own tariffs and take the dispute to the WTO. Unusual for a U.S. trade target, Brazil actually holds a trade surplus with the U.S., making this escalation a major flashpoint in U.S.-Brazil relations. Listen in comfort:Get a discount on a Soli…
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