Washington Announces Investigation Into Brazilian Trade Practices, Digital Payment Services

Contact Your Elected Officials

U.S. Trade Representative Jamieson Greerโ€™s probe comes after Trump threatened 50 percent tariffs on Latin Americaโ€™s largest economy.

U.S. Trade Representative Jamieson Greer announced the opening of an investigation into Brazilโ€™s โ€œunfairโ€ trading practices on Tuesday.

The commencement of the probe comes a week after President Donald Trump announced 50 percent tariffs on imports from the country.

He said he planned to impose the exceptionally high rate, far higher than the 10 percent levy on goods from most other nations, due to Brazilโ€™s continuing pursuit of a trial against former Brazilian President Jair Bolsonaro for allegedly plotting a coup d’รฉtat.

Greerโ€™s investigation will look to determine whether acts, policies, and practices enacted by Brazilโ€”related to digital trade and electronic payment services, such as unfair, preferential tariffs, anti-corruption interference, intellectual property protection, ethanol market access, and illegal deforestationโ€”present an โ€œunreasonable or discriminatory and burden or restrict U.S. commerce,โ€ the Office of the U.S. Trade Representative (USTR) said in a statement.

โ€œAt President Trumpโ€™s direction, I am launching a Section 301 investigation into Brazilโ€™s attacks on American social media companies as well as other unfair trading practices that harm American companies, workers, farmers, and technology innovators,โ€ Greer said in the statement.

โ€œUSTR has detailed Brazilโ€™s unfair trade practices that restrict the ability of U.S. exporters to access its market for decades in the annual National Trade Estimate (NTE) Report. After consulting with other government agencies, cleared advisers, and Congress, I have determined that Brazilโ€™s tariff and non-tariff barriers merit a thorough investigation, and potentially, responsive action.โ€

Brazil has as yet not given an official response to the announcement of Greerโ€™s investigation; however, after Trump revealed his plan to impose the 50 percent rate on July 9, Brazilian President Luiz Inรกcio Lula da Silva issued a statement on social media platform X saying that โ€œany unilateral tariff increases will be addressed in accordance with Brazilโ€™s Economic Reciprocity Law.โ€

In the statement, Lula also said in relation to Trumpโ€™s linking of the tariffs to Bolsonaroโ€™s trial, โ€œBrazil is a sovereign nation with independent institutions.โ€

By Guy Birchall

Read Full Article on TheEpochTimes.com

The Epoch Times
The Epoch Timeshttps://www.theepochtimes.com/
Tired of biased news? The Epoch Times is truthful, factual news that other media outlets don't report. No spin. No agenda. Just honest journalism like it used to be.

Blind Manโ€™s Shutdown

Congress is playing the equivalent of Bind Man's Bluff. With the shout โ€œtag your itโ€ they seek to blame the other party for the government shutdown.

A Reluctant Acknowledgment: What Conservatives Can Admire in Everyday Progressives

Admirable ideological qualities seen in liberals and left-wing individuals are those of the everyday believer not their political leadership.

Ensuring Domestic Tranquility

The Supremacy Clause in Article VI of the U.S. Constitution establishes it as the highest law of the land, taking precedence over conflicting state laws.

Pam Bondi, Zohran Mamdani, and the ADL: Censorious Peas in a Pod

Typically, the only four circumstances under which the leadership...

Shut it Down – Shut it Down

Shut down and dismantle every federal agency not essential to citizens' life, health, or liberty โ€” phase them out and end their power. permanently!

Trump Weighs on Cutting Agencies as Government Shutdown Enters Day 2

Trump to meet with OMB Dir. Vought to decide which agencies face cuts and whether reductions will be temporary or permanent.

Is There a 9/11 WTC and 9/10 Charlie Kirk Connection?

Strange parallels in online stories raise questions about whether Israelis and Mossad intelligence are our allies or adversaries.

ACLU Sues ICE to Release Records of Detainment Facilities

ACLU has filed a lawsuit against ICE, seeking to compel the agency to disclose records related to specific operations, according to the complaint.

Pam Bondi, Zohran Mamdani, and the ADL: Censorious Peas in a Pod

Typically, the only four circumstances under which the leadership...

Department of Energy Cancels $7.5 Billion in Project Funding

The Dept of Energy (DOE) said on Oct. 2 that it had terminated 321 federal grants funding 223 projects, amounting to about $7.56 billion in cuts.

White House Withdraws EJ Antoniโ€™s Nomination to Lead Bureau of Labor Statistics

The White House has withdrawn economist EJ Antoniโ€™s nomination to lead the Bureau of Labor Statistics, the White House confirmed on Sept. 30.

US to Impose 100 Percent Tariffs on Foreign-Made Movies, Trump Says

President Donald Trump announced on Sept. 29 that he will impose a 100 percent tariff on all movies produced outside the United States.

Trump to Host Netanyahu at White House to Discuss Gaza Peace Plan

President Trump will host Israeli Prime Minister Netanyahu at the White House on Sept. 29 to discuss a ceasefire and broader peace plan for Gaza.
spot_img

Related Articles