Washington Announces Investigation Into Brazilian Trade Practices, Digital Payment Services

5Mind. The Meme Platform

U.S. Trade Representative Jamieson Greer’s probe comes after Trump threatened 50 percent tariffs on Latin America’s largest economy.

U.S. Trade Representative Jamieson Greer announced the opening of an investigation into Brazil’s “unfair” 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 Brazil’s continuing pursuit of a trial against former Brazilian President Jair Bolsonaro for allegedly plotting a coup d’état.

Greer’s investigation will look to determine whether acts, policies, and practices enacted by Brazil—related to digital trade and electronic payment services, such as unfair, preferential tariffs, anti-corruption interference, intellectual property protection, ethanol market access, and illegal deforestation—present an “unreasonable or discriminatory and burden or restrict U.S. commerce,” the Office of the U.S. Trade Representative (USTR) said in a statement.

“At President Trump’s direction, I am launching a Section 301 investigation into Brazil’s attacks on American social media companies as well as other unfair trading practices that harm American companies, workers, farmers, and technology innovators,” Greer said in the statement.

“USTR has detailed Brazil’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 Brazil’s tariff and non-tariff barriers merit a thorough investigation, and potentially, responsive action.”

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

In the statement, Lula also said in relation to Trump’s linking of the tariffs to Bolsonaro’s trial, “Brazil is a sovereign nation with independent institutions.”

By Guy Birchall

Read Full Article on TheEpochTimes.com

Contact Your Elected Officials
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.
00:02:04

Forged on the frontier

George Washington is widely known as a general and president, but his early life remains obscured by myth, legend, and misunderstanding.
00:02:52

A bobblehead too far

The Orioles did not just hand out a bobblehead. They sent a message that the legacy of their own players is not enough to draw.

Congress fumbles college sports

College sports landscape is a dumpster fire and every sports reporter, broadcaster and fan believes Congress needs to stay out of it.

The Hating Game

The Democrat Party game show should be titled "The Hating Game", played by pitting one class, race, or identity against another for political power.
00:09:50

The Invasion Of The Ballot Snatchers

As election results loom, California faces ballot controversies in a real-life political drama that raises concerns about election integrity.
00:04:41

US Energy Secretary Forecasts Oil, Gas Prices to Drop as Strait Traffic ‘Back to Normal’

U.S. Secretary of Energy Chris Wright said on June 21 that commercial shipping traffic through the Strait of Hormuz is “back to normal”.

FBI, DOJ Announce Arrest of Most Wanted Fraudster Herbert Leon Kimble

One of the FBI’s Most Wanted Fraudsters, Herbert Leon Kimble, who is accused of a $1.2 billion Medicare fraud, was captured in the Philippines on June 11.
00:03:31

California Declares State of Emergency Over Los Angeles Warehouse Fire, Smoke

California Gov. Gavin Newsom declared an emergency as a massive Los Angeles warehouse fire burns for a fourth day, prompting aid.
00:02:06

13th Consecutive Month of Zero Releases at Southern Border: CBP

Border Patrol released zero illegal immigrants into the United States at the southwest border for the 13th straight month in May.

Banning Hospitals’ Certain Contracts Could Save Americans $45 Billion, Report Finds

A ban on certain contracts between hospital systems and health insurers could save Americans around $45 billion, according to a report.
00:01:33

Trump Unveils New Air Force One Plane

President Trump unveiled the plane that will serve as the new Air Force One, a Boeing 747-8 luxury jet that was gifted to the US by the Qatari government in 2025.
00:01:27

Trump Threatens 100 Percent Tariff on French Wines Over Digital Services Tax

Trump threatened to impose a 100% tariff on French wines and champagne unless France eliminates its digital services tax on large American tech companies.

Trump Heads to G7 Summit in France: Here’s What to Expect

U.S. President Donald Trump is en route to France on June 15 to attend the annual G7 summit, just hours after announcing a deal with Iran.
spot_img

Related Articles

Popular Categories

MAGA Business Central