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The Economic Times
The Economic Times
National

Trump administration proposes 25% tariff to punish Brazil over trade practices

The Trump administration has proposed a new punitive tariff of 25% on many imports from Brazil, after deciding its practices were unfair on a range of issues from digital trade to illegal deforestation, top trade official Jamieson Greer said on Monday.

The measures, under the Section ‌301 trade legislation, ⁠cover areas such ⁠as electronic payment services, preferential tariffs, intellectual property protection and ethanol market access as well, the Office of the United States Trade Representative said.

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