US tariff on Brazilian exports ‘kind of snuck in on us’, says Flexport

AI Summary

The US plans to impose a 25% tariff on select Brazilian imports starting July 22, signaling a shift in trade policy after the Supreme Court invalidated the IEEPA tariff regime. Some goods are exempted to avoid domestic supply chain disruptions.

The Trump administration will place a 25% tariff on certain Brazilian imports, marking the latest shift in US trade policy after the Supreme Court this year struck down the International Emergency Economic Powers Act (IEEPA) tariff regime. The new measures, due to take effect on 22 July, target selected Brazilian products, but exempt goods that are either not produced in the US or where tariffs could disrupt domestic supply chains – ... The post US tariff on Brazilian exports ‘kind of snuck in on us’, says Flexport appeared first on The Loadstar.