Trump lifts 40% tariffs on Brazilian agricultural imports amid easing trade tensions

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President Trump signed an executive order lifting 40% tariffs on over 200 Brazilian agricultural products, including key exports like beef and coffee. These tariffs were originally imposed as retaliation against Brazil for prosecuting former President Jair Bolsonaro. The order applies retroactively to November 13 and could result in refunds for duties paid. Brazilian officials welcomed the decision, calling it a major trade win amid ongoing negotiations aimed at improving bilateral relations and addressing inflation concerns driving down Trump’s approval ratings.



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