Brazil estimates that newly announced US tariffs will affect 23.1% of its exports. Of that total, 16.5% of Brazilian exports will face combined US duties of 37.5%.
Washington imposed a 25% levy on several Brazilian products last week, citing unfair trade practices. On Thursday, Brazil was targeted with an additional 12.5% tariff linked to concerns over forced labor.
Original reporting: Appleton, WI News Feed (HLL/CB) — read the source article.