Brazilian juice importer enters court against tariffs

The White House, through spokesman Kush Desai, argued that the measure is within the legality. “Administration is using the tariff powers granted to the Executive by the Constitution and Congress to balance the American labor market and protect national security,” the executive, “he said in a statement to Bloomberg.

50% tariff on Brazilian products may come into force on August 1st. Trump justified the fare for a supposed deficit business relationship with Brazil – the situation is exactly opposite – and called for the end of Bolsonaro’s trial for the alleged participation in a coup after the 2022 elections.

Taxation directly impacts Brazilian producers of orange juice. “The United States represents almost 42% of Brazilian exports, and there is no market capable of replacing the US market or medium term, “said Citrusbr (National Association of Citrus Exporters), Ibiapaba Netto, in an interview with Facto News Market.

International trade cut also analyzes another case on the end of exemptions for low value Chinese products. Measure was determined by Trump in April, after the announcement of the tariff. Meanwhile, a Federal Court of Appeals maintains temporarily in force applied rates under economic allegations.