Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Meta restores services after Facebook and Instagram outage

    June 13, 2026

    Canada and Bosnia open Group B with 1-1 draw

    June 13, 2026

    Korea Republic wins 2-1 over Czechia at World Cup

    June 12, 2026
    • Home
    • Contact Us
    • Disclaimer
    Mercury OregonMercury Oregon
    • Automotive

      Ford recalls nearly 420,000 SUVs over seat belt issue

      June 4, 2026

      Mercedes-Benz USA unveils 2027 S-Class with MB.OS tech

      January 30, 2026

      Ford issues US recall for Escape Focus Explorer and Lincoln MKC

      January 22, 2026

      New Porsche Cayenne Electric delivers 850kw power and 2.5s acceleration

      November 19, 2025

      Toyota launches major $10B battery facility in North Carolina

      November 14, 2025
    • Business

      Gold rebounds from six-month low as inflation data looms

      June 11, 2026

      Oil prices climb over $2 on Hormuz and inventories

      June 11, 2026

      Gold rebounds from six-month low as inflation data looms

      June 11, 2026

      U.S. stocks end mixed as tech volatility hits Nasdaq

      June 10, 2026

      Global oil prices fall as Brent crude drops over 4%

      June 10, 2026
    • Entertainment

      Sony confirms God of War trilogy remake and PS5 prequel

      February 13, 2026

      Hollywood debate grows after Ben Affleck questions AI disruption

      January 27, 2026

      Fantastic Four drives highest Marvel opening since Deadpool

      July 27, 2025

      Disney and Marvel’s R-rated film hits billion-dollar milestone

      August 17, 2024

      Web3 leader Immutable rolls out $50M gaming rewards initiative

      April 27, 2024
    • Health

      New York bromate bill puts pizza and bagels in focus

      May 23, 2026

      Revolution drug extends survival in pancreatic cancer

      April 15, 2026

      California produce review finds PFAS on 37% of samples

      March 30, 2026

      FDA probes E. coli outbreak tied to Raw Farm cheddar

      March 17, 2026

      Nasal spray vaccine shows broad protection in mice

      February 21, 2026
    • Lifestyle

      Apple and ISSEY MIYAKE unveil new 3D-knit iPhone Pocket

      November 13, 2025

      JP Morgan funds Fresha with $31 million for AI and robotics growth

      August 23, 2024

      Adidas, Highsnobiety debut limited-edition sneakers

      January 6, 2024

      Unraveling Starbucks’ phenomenon as a worldwide coffee powerhouse

      September 1, 2023

      How Nike’s Kobe 8 Protro Halo Marks an Emotional Milestone

      August 29, 2023
    • Luxury

      Price hikes and lack of innovation erode luxury market confidence

      November 18, 2024

      Uncover the allure of Rolex Deepsea – luxury awaits.

      April 10, 2024

      Beyond timekeeping to the prestige of the Rolex Day-Date

      March 2, 2024

      Rare uncut emerald dazzles at Sharjah show

      February 1, 2024

      Porsche and Frauscher launch the electric 850 Fantom Air

      October 17, 2023
    • News

      Guterres demands release of UN personnel held in Yemen

      June 11, 2026

      Tropical Storm Amanda forms over open Pacific waters

      June 4, 2026

      Chemical tank failure kills 11 at Washington mill

      June 1, 2026

      Meteor blast over New England traced to natural fireball

      June 1, 2026

      Trump names Tom Barrack envoy to Syria and Iraq

      June 1, 2026
    • Sports

      Canada and Bosnia open Group B with 1-1 draw

      June 13, 2026

      Korea Republic wins 2-1 over Czechia at World Cup

      June 12, 2026

      Mexico beat South Africa 2-0 in World Cup 2026 opener

      June 12, 2026

      FIFA World Cup 2026 opens with Mexico City ceremony

      June 12, 2026

      FIFA World Cup 2026 opens with Mexico City ceremony

      June 12, 2026
    • Technology

      Meta restores services after Facebook and Instagram outage

      June 13, 2026

      Apple launches Siri AI upgrade across major devices

      June 9, 2026

      YouTube Premium adds podcast tools as free tier runs ads

      June 1, 2026

      Meta rolls out paid plans for Instagram, Facebook and WhatsApp

      May 30, 2026

      SpaceX Starship V3 flies after last-minute launch scrub

      May 23, 2026
    • Travel

      Maine tourism feels strain as Canadian travel drops

      March 30, 2026

      Houston Bush airport warns of four-hour TSA lines

      March 26, 2026

      US winter storm disrupts flights nationwide

      March 17, 2026

      U.S. inbound travel declined in 2025 even as global tourism rose

      January 28, 2026

      New York travel advisories continue as statewide emergency stays active

      January 27, 2026
    Mercury OregonMercury Oregon
    Home » Trump reverses failed tariff policy on Brazilian imports
    Business

    Trump reverses failed tariff policy on Brazilian imports

    November 21, 2025
    Facebook WhatsApp Twitter Pinterest LinkedIn Telegram Tumblr Email Reddit VKontakte

    WASHINGTON, Nov 21, 2025: U.S. President Donald Trump has signed an executive order lifting a 40 percent tariff on Brazilian beef, coffee, cocoa and certain fruit imports, a move aimed at easing pressure on food prices as consumer costs remain elevated. The measure takes effect immediately for goods entering U.S. markets from November 13, 2025, and includes provisions allowing importers to apply for retroactive refunds of tariffs paid since that date. The order reverses a tariff policy introduced earlier this year that had imposed a 40 percent surcharge on top of an existing 10 percent duty, resulting in combined rates of up to 50 percent on some Brazilian agricultural products.

    Trump reverses failed tariff policy on Brazilian imports
    Trump policy reversal ends tariffs that fueled U.S. food price surge.

    The tariffs were originally implemented as part of a broader trade enforcement initiative targeting several major exporters, including Brazil, following disagreements over agricultural subsidies and market access. Brazil is one of the world’s largest suppliers of beef and coffee, accounting for roughly one-third of U.S. coffee imports and a rapidly growing share of its beef imports. The additional tariffs had contributed to higher retail prices in the United States, particularly in the coffee and meat sectors, where consumer prices climbed as much as 40 percent this year. The tariff removal is expected to lower import costs for U.S. distributors and retailers, improving supply availability in the months ahead. In an official statement, the White House said the decision reflects an effort to “support stable food prices for American households” as part of a broader review of agricultural trade measures.

    Commerce Secretary Howard Lutnick described the rollback as a “market adjustment designed to improve affordability” without compromising U.S. trade enforcement standards. The Department of Agriculture and the Office of the U.S. Trade Representative are coordinating implementation to ensure a smooth transition for importers. In Brazil, industry groups and government officials welcomed the announcement, calling it a constructive outcome following months of negotiation. The Brazilian Beef Exporters Association said the removal of the 40 percent tariff would help restore normal trade flows between the two countries, which had declined significantly after the duties were imposed. President Luiz Inácio Lula da Silva’s administration described the development as “a sign of confidence and cooperation” in bilateral relations.

    White House order reverses earlier trade enforcement measure

    The tariff reduction comes amid sustained increases in U.S. food costs driven by weather-related disruptions, global supply chain issues, and higher transportation expenses. The removal of duties on Brazilian coffee and beef is expected to ease some of those pressures, although analysts note that global commodity prices remain volatile due to fluctuating crop yields and logistics constraints. The U.S. Department of Commerce has indicated that monitoring mechanisms will remain in place to assess the effects of the policy change on domestic producers. According to trade data, the United States imported nearly $4.5 billion worth of agricultural goods from Brazil in 2024, including beef, coffee, sugar, and soy-based products. Beef imports from Brazil had declined by more than 25 percent after the tariffs were introduced, while coffee shipments dropped sharply amid reduced purchase orders from U.S. roasters.

    U.S. coffee and beef prices expected to stabilize

    The removal of the duties follows months of supply shortages and sharp price increases that hit U.S. consumers after the tariffs were imposed earlier this year. The additional levies disrupted imports of Brazilian coffee and beef, leading to reduced availability in retail markets and contributing to higher grocery costs nationwide. With the tariffs now lifted, import volumes are expected to recover gradually, improving supplies across supermarkets and food distributors during the holiday season. The rollback represents one of the administration’s most visible reversals of a trade policy that had proven costly for both importers and households. Officials said the decision followed an interagency review and consultations with the Brazilian government. No further adjustments to existing tariff measures were announced. – By Content Syndication Services.

    Related Posts

    Gold rebounds from six-month low as inflation data looms

    June 11, 2026

    Oil prices climb over $2 on Hormuz and inventories

    June 11, 2026

    Gold rebounds from six-month low as inflation data looms

    June 11, 2026

    U.S. stocks end mixed as tech volatility hits Nasdaq

    June 10, 2026

    Global oil prices fall as Brent crude drops over 4%

    June 10, 2026

    Gold steadies near two-month low before inflation data

    June 9, 2026
    Latest News

    Meta restores services after Facebook and Instagram outage

    June 13, 2026

    Canada and Bosnia open Group B with 1-1 draw

    June 13, 2026

    Korea Republic wins 2-1 over Czechia at World Cup

    June 12, 2026

    Mexico beat South Africa 2-0 in World Cup 2026 opener

    June 12, 2026

    FIFA World Cup 2026 opens with Mexico City ceremony

    June 12, 2026

    FIFA World Cup 2026 opens with Mexico City ceremony

    June 12, 2026

    Gold rebounds from six-month low as inflation data looms

    June 11, 2026

    Guterres demands release of UN personnel held in Yemen

    June 11, 2026
    © 2026 Mercury Oregon | All Rights Reserved
    • Home
    • Contact Us
    • Disclaimer

    Type above and press Enter to search. Press Esc to cancel.