The President Donald Trump administration announced new tariffs will be imposed on most goods imported from Brazil. These duties, set at 25%, are scheduled to begin on July 22.
U.S. officials cited "unfair trade practices" as the justification for the new tariffs. Brazil has condemned the United States' decision regarding the upcoming trade measures.
The new tariffs are expected to impact a significant portion of Brazilian imports. This is a developing story and will be updated as details emerge.