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S7/10Economic

Rubio says 25% US tariffs on some Brazilian goods price for Lula’s ‘ego’

The US will begin charging 25 per cent tariff on imports of certain goods from Brazil following an investigation alleging that the country engaged in unfair trade practices.

The year-long inquiry “found a number of Brazil’s practices to be unreasonable and discriminatory, restricting the competitive position of American farmers, workers, innovators, and exporters,” the Office of the US Trade Representative said in a social media post late on Wednesday night.

Imports of coffee, beef, and certain...

Source: South China Morning PostOriginal source

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