
July 16th, 2026
The United States will impose 25% tariffs on some Brazilian imports starting July 22.
The move follows a yearlong investigation by the Office of the U.S. Trade Representative.
It found unfair trade practices by Brazil, including weak anti-corruption enforcement and its own unfair tariffs.
Certain goods are exempt from the tariffs.
These include coffee, beef, oranges, orange juice, some energy products, and aerospace parts.
Officials said these items are not produced in the U.S.
Their exclusion would also prevent supply chain disruptions.
U.S. Trade Representative Jamieson Greer said the action ensures a level playing field for American workers and companies.
He added that negotiations with Brazil over the past year did not resolve the issues.
The U.S. has had a goods trade surplus with Brazil for years.
Brazilian President Luiz Inácio Lula da Silva reacted with indignation.
He blamed his political rival, Sen. Flávio Bolsonaro.
Secretary of State Marco Rubio said Lula did not negotiate in good faith.
The tariffs are imposed under Section 301 of the Trade Act of 1974.
July 16th, 2026

US stocks stay close to their latest record in mixed Wall Street trading
US stocks stay close to their latest record in mixed Wall Street trading

From ‘hands-free’ to ‘eyes-off’: how General Motors is using simulation to reach self-driving cars
From ‘hands-free’ to ‘eyes-off’: how General Motors is using simulation to reach self-driving cars

EU sanctions almost 1,600 Russians and companies over drone and missile parts
EU sanctions almost 1,600 Russians and companies over drone and missile parts

2 American economists win Nobel for work on economic shocks
2 American economists win Nobel for work on economic shocks

Wall Street nears winning September after encouraging inflation update
Wall Street nears winning September after encouraging inflation update

Trump to announce $54 billion South Korean investment in Alaska, where Senate race is close
Trump to announce $54 billion South Korean investment in Alaska, where Senate race is close

Senate agrees bipartisan deal on permitting bill to speed new energy project approvals
Senate agrees bipartisan deal on permitting bill to speed new energy project approvals

Inflation slowed a bit last month as consumers spent more
Inflation slowed a bit last month as consumers spent more

Why bond yields are rising and why it matters to everyone
Why bond yields are rising and why it matters to everyone

Trump's state dinner for Xi to serve sea bass and many tech leaders
Trump's state dinner for Xi to serve sea bass and many tech leaders