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“We
want to exclude more products and move forward in the
negotiation,” he told journalists in Brasilia. Alckmin, who also
serves as Trade minister, led the negotiations with the U.S.
along with Brazilian diplomats and business leaders.
Cecafé, Brazil’s coffee exporters council, celebrated Trump's
latest order and called the tariff hike “a complete loss of
competitiveness.”
“The tariff reversal comes after months of intense work
representing the interests of Brazilian coffee. It is a historic
victory for the entire coffee agribusiness production chain,”
the council said in a statement.
Brazil has long been a key supplier of beef and coffee to the
United States. On Thursday, Trump lifted tariffs on Brazilian
goods as part of an effort to lower consumer costs for
Americans. The decision affected coffee, fruit and beef, among
other products.
The U.S. leader had imposed additional import taxes on Brazilian
goods, citing trade practices he deemed unfair and the
prosecution of former President Jair Bolsonaro, who was later
sentenced to 27 years in prison for attempting to stage a coup
after losing the 2022 election. The U.S. ran a $6.8 billion
trade surplus with Brazil last year, according to the Census
Bureau.
Before the tariffs, U.S. government data showed Brazil, the
world’s top coffee producer, supplied about 30% of the American
market, followed by Colombia at roughly 20% and Vietnam at about
10%.
“The removal of the 40% tariff imposed by the U.S. government on
several Brazilian agricultural products is a victory for
dialogue, diplomacy and common sense,” Brazilian President Luiz
Inácio Lula da Silva said Thursday on X. He also shared a video
reacting to Trump’s order, saying he was pleased with the
decision.
Trump and Lula have been negotiating over trade, which could
further reduce tariffs. Lula also praised “the frank dialogue”
with Trump, and said that Brazil would continue talks.
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