Washington demands Brazil open its chemical sector amid a US-Brazil tariff fight, threatening $2.4B in exports. A 25% tariff on Brazilian imports takes.

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

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…