The U.S. Trade Representative stated that Brazil’s trade practices “burden or restrict the commerce of American farmers, workers, innovators, and exporters.”
U.S. Trade Representative (USTR) Jamieson Greer announced a 25 percent tariff on certain Brazilian goods under Section 301 of the Trade Act of 1974. The action is the result of a yearlong investigation by USTR, which found certain Brazilian measures to be unreasonable and burdensome or restrictive to the commerce of American farmers, workers, innovators, and exporters.
Ambassador Greer stated, “Safeguarding American economic interests against unfair trade practices is the bedrock of President Trump’s America First policies. Whether it is punishing U.S. technology companies for refusing to censor political speech, backsliding on anti-corruption enforcement, or allowing Brazilian farmers to exploit illegally logged land to gain an advantage over American farmers, Brazil’s unfair trading practices have prevented U.S. workers and producers from accessing this important market with over 210 million consumers.”
The trade representative explained that the action “is necessary to address these unfair trade practices to ensure American workers and companies can compete on a level playing field. Extensive negotiations with Brazil over the past year have not resolved these issues, but we remain open to continuing negotiations with Brazil to bring about long-needed changes to the problems identified in this investigation.”
As the Lord Leads, Pray with Us…
- For U.S. Trade Representative Greer to be led by the Lord as he negotiates trade agreements with foreign partners.
- For wisdom for the president and administration officials as they utilize tariffs to balance trade.
Sources: Office of the U.S. Trade Representative, UPI News
