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Brazil Rejects US Tariff Plan, Warns It Would Hurt American Companies

Government defends Pix and Supreme Court rulings while arguing that new tariffs would damage both economies

Published on July 3, 2026


Brazil Rejects US Tariff Plan, Warns It Would Hurt American Companies
José Cruz/Agência Brasil

Brazil has formally rejected a proposal by the United States Trade Representative (USTR) to impose a 25 percent tariff on Brazilian products, arguing that the measure would ultimately harm American businesses and consumers rather than strengthen the US economy.

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