The Office of the United States Trade Representative (USTR) on June 1 proposed imposing a 25 percent tariff on imports from Brazil after finding that the country had engaged in unfair trade practices.
In a statement, the USTR said its Section 301 investigation on the country found that certain Brazilian policies and practices involving digital trade and electronic payment services, preferential tariffs, intellectual property protection, ethanol market access, and illegal deforestation “are unreasonable and burden or restrict U.S. commerce.”
Section 301 investigations look into potential unfair trade practices by trading partners.
U.S Trade Representative Jamieson Greer said the probe was initiated at President Donald Trump’s direction to address “longstanding and pervasive U.S. concerns” on certain Brazilian trade policies and practices….