Brazilian Vice President Geraldo Alckmin said Saturday that Brazilian exported goods to the U.S. including coffee, beef and tropical fruits would still be tariffed 40%, despite Donald Trump’s decision to remove some import taxes.
In a dramatic move on Friday, Trump scrapped levies announced in April on what he called ‘Liberation Day’ in hopes of encouraging domestic production and lifting the U.S. economy. Brazil at the time was hit with a 10% tariff.
But in July, Trump imposed a further 40% tariff, citing — among other reasons — the trial of his ally, former President Jair Bolsonaro, which he called a “witch hunt.” Proceedings went ahead regardless and in September Bolsonaro was sentenced to 27 years and three months in prison for attempting a coup.
Amazing, Brazil has no problem locking up their POS ex President for a coup, but I guess we can’t fucking do that here.
Current Brazilian admin is lefty, that’s a no-no for far right USA
lula acts leftist in his international policy, but it’s a neoliberal coalition government inside the country. very conservative congress too. his VP was a dead giveaway even before lula was elected.
we are still very much under the thumb of international markets (imperialism) and capitalism.
Aren’t they burning the rainforest though?
big farm is the real culprit. that’s not this admin’s washed hands though. they heavily defunded the promised environment ministry right at the start of his term, which was an indicator of the mood for the rest of the admin.
Check your sources again.
Cool, Americans barely consume any of those things
Ffs gotta be explicit these days: /s
(I’m a coffee addict, it’s been brutal)
2024 numbers for Brazil’s exports to the USA. https://tradingeconomics.com/brazil/exports/united-states
$2B in coffee
$1.25B in vegetables and fruit
$1B in meat.
40% of $4,250,000,000 is $1,300,000,000
Check your math.
1.7bn, not 1.3
do use your own advice, please.
Coffee is up in price already, the tariffs must be brutal.
bought a years supply after November '24.
I’ve been rationing it and still have another 3-4 months left.
I just hope the bastard dies and the tariffs are resolved before I have to start roasting and grinding dandelions up.
Green coffee lasts longer, if you’re comfortable roasting.
Like two dollars a pound in my area.
I’m waiting for a cheap synthetic coffe and cacao alternative. With all the progress in gene editing and whatnot, why don’t we have this already?
Caffeine extract is available in powder form if that’s what you’re looking for
Went to Dollar General for a few things, refused to pay for coffee. I’d rather do without.
Tbh I refuse to patronize dollar general, because they are an absolute cancer of a corporate entity (yes, I know how little that narrows it down, but their business model really is unbelievably caustic, in that it specifically preys upon socioeconomically depressed areas and actively makes them worse).
