Trump tariffs impose a 50% rate on Brazilian exports and a partial delay for Mexico. See what the new duties mean for Latin American exporters and.
Latin America · Trade
Key Facts
—Brazil rate. A new 50% tariff on Brazilian goods took effect in July 2026, the highest rate facing any Latin American nation.
—Mexico delay. Mexico secured a 90-day postponement on reciprocal levies, keeping most goods at 25% for now.
—USMCA shield. About 89% of Mexican exports that qualify under the USMCA trade pact remain at 0%.
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The region remains well-positioned to face the new levies, experts say.
Trump has set a whopping 50% tariff on Brazilian goods - the highest rate levied by the US on a country thus far.
