Over 2,000 categories of Brazilian goods are exempt from the new 25% US tariff, sparing coffee, meat and iron ore while footwear and steel take the hit.

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.

Brazil sold seventeen billion dollars of iron and copper ore abroad in six months. Almost none of it is exposed to the American tariff decision due today.

Governo americano ampliou exceções após audiências públicas

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