U.S. Trade Representative Jamieson Greer announced Monday that the Trump administration will impose a 25% tariff on Brazil under Section 301. File Photo by Bonnie Cash/UPI | License Photo
June 2 (UPI) -- The President Donald Trump administration announced a proposed 25% tariff on several Brazilian imports, saying the country had engaged in unfair trade practices.
U.S. Trade Representative Jamieson Greer said in a press release Monday that under Section 301 of the Trade Act of 1974, Brazil had certain "acts, policies, and practices related to digital trade and electronic payment services; unfair, preferential tariffs; anti-corruption enforcement; intellectual property protection; ethanol market access; and illegal deforestation are unreasonable and burden or restrict U.S. commerce."
Section 301 allows the United States to impose tariffs in response to unfair trade practices.
"I launched this Section 301 investigation at President Trump's direction to address longstanding and pervasive U.S. concerns with certain of Brazil's trade policies and practices. Over the past year, President Trump and I have had several constructive meetings with President Luiz Inácio Lula da Silva and his cabinet, which have accelerated in recent weeks," Greer said in a statement. "However, we continue to have substantial differences in resolving the issues identified in this investigation. I look forward to continuing engagement with the Brazilian Government in advance of the July 15 statutory deadline for taking responsive action."
