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Scripps News

Trump removes 40% tariffs on Brazilian coffee and beef

Scripps News · 24 days ago
Scripps News
Scripps News
24 days ago

President Trump has eased tariffs on Brazilian coffee, fruit and beef to help lower U.S. consumer costs, aligning previous trade policies.

Breakdown
  • The Trump administration has removed 40% tariffs on Brazilian coffee and beef, aiming to lower grocery costs. 16s
  • The decision followed a call with Brazil's president and recommendations from U.S. officials. 1m 2s
  • The tariffs were originally imposed in July in response to Brazil's prosecution of former president Jair Bolsonaro. 1m 22s
  • Experts and business owners expect it will take several months before consumers see lower prices due to existing inventory. 2m 8s
  • The White House stated that the tariff rollback does not indicate a shift away from the administration's long-term trade agenda. 2m 40s