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U.S. hits Brazil with 25% tariff on most goods over unfair trade practices
📈 Business

U.S. hits Brazil with 25% tariff on most goods over unfair trade practices

The U.S. has imposed a 25% tariff on most Brazilian goods, citing unfair trade practices. A separate U.S. probe into Brazil's forced-labour enforcement could trigger an additional 12.5% duty on top of the 25%, with a decision expected next week. The move is a significant escalation in trade tensions between Washington and Brasília.

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