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Washington, Nov 21 (AP) President Donald Trump has further loosened tariffs on Brazil as part of his effort to lower consumer costs for Americans. The decision, released Thursday, affects coffee, fruit and beef, among other goods.
The White House said last week that Trump was rolling back some worldwide tariffs that were originally announced in April.
However, Brazil said that didn't affect levies that Trump had enacted in July to punish the country for prosecuting his political ally, former President Jair Bolsonaro.
Thursday's decision harmonises Trump's plans, ensuring that neither the April nor July tariffs apply to certain products.
Trump and Brazilian President Luiz Inacio Lula da Silva have been negotiating over trade, which could further reduce tariffs. (AP) GRS GRS
Tariff relief on Brazil exempts certain April and July tariffs for coffee, fruit and beef to lower consumer costs. President Trump announced targeted tariff relief for Brazilian imports by exempting certain agricultural goods-notably coffee, fruit and beef-from the April and July tariffs so that neither set of measures applies to those products; the July levies had been characterised as punitive in response to Brazil's prosecution of a political ally, and ongoing bilateral negotiations may lead to further tariff reductions.Press 'Enter' after typing page number.