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On 16 July 2026, the United States announced a 25% tariff on many Brazilian imports, starting 22 July, citing unfair trade practices. Reuters wrote that the list of exemptions was also expanded. El País reported that the US accused Lula of not negotiating 'in good faith'.
The American Chamber of Commerce in Brazil said the tariffs affect US$11 billion in agricultural and industrial exports. Deutsche Welle noted that the tariffs come with an election looming in Brazil.
by WorldBrief & Maksim Micheliov | AI-generated summary
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