
U.S. President Donald Trump on Thursday revoked the 40% tariffs imposed in July on Brazilian food products such as beef, coffee, cocoa and fruits, reversing a key trade measure that had driven up consumer prices. The decision comes after a similar rollback last week affecting other countries’ agricultural exports, signalling a broader shift as the administration confronts public dissatisfaction over rising food inflation. The order, which applies to Brazilian goods entering the U.S. on or after November 13, may also trigger refunds for duties already collected.
Brazil, a major supplier of both coffee and beef to the United States, is expected to resume shipments at a faster pace, with thousands of bags of coffee reportedly set to move from bonded warehouses to domestic roasters. Importers had held goods in these facilities while awaiting a potential policy reversal after tariffs pushed U.S. retail coffee prices up by as much as 40% this year. Brazil’s beef exporters, represented by ABIEC, welcomed the move and said they intend to expand their stake in the American market.
While the tariff reversal marks a significant economic shift, Trump’s executive order did not address the earlier sanctions levied against Brazilian officials involved in former President Jair Bolsonaro’s prosecution. President Luiz Inacio Lula da Silva nevertheless expressed relief over the tariff removal, calling it a positive step for bilateral trade. The rollback comes as Trump faces declining approval ratings, driven in part by public frustration over surging food prices.
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