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US imposes 25% tariffs on Brazil; coffee and beef spared
📈 Business

US imposes 25% tariffs on Brazil; coffee and beef spared

The US has imposed 25% tariffs on a large portion of Brazilian imports, making Brazil the first country targeted under the Trump administration's new trade measures. The US Trade Representative (USTR) announced a wider-than-expected list of exemptions, with coffee and beef spared. The move heightens trade tensions between Washington and Brasília.

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