The United States announced a new 25 percent tariff on various Brazilian imports. This measure is set to take effect on July 22, impacting trade policies. Certain products like beef and coffee will be exempted from these new duties. US Trade Representative Jamieson Greer cited unfair trading practices by Brazil. The United States remains open to negotiations for long-needed policy changes.

Brazil is bracing for a US tariff of up to 25% as the July 15 deadline lands, holding retaliation in reserve while betting Washington may only delay it.

The U.S. Trade Representative faces a July 15 deadline to impose a 25% duty on Brazil, covering 4,200 products worth $15bn in exports. See the exempt list and stacking risk.

The fresh levy will go into effect July 22 with exemptions for a list of goods, including those covered by Section 232 duties.