Trump expands tariff relief on coffee, fruit and beef from Brazil

Carbonatix Pre-Player Loader

Audio By Carbonatix

WASHINGTON (AP) — President Donald Trump has further loosened tariffs on Brazil as part of his effort to lower consumer costs for Americans. The decision, released Thursday, affects coffee, fruit and beef, among other goods.

The White House said last week that Trump was rolling back some worldwide tariffs that were originally announced in April.

However, Brazil said that didn't affect levies that Trump had enacted in July to punish the country for prosecuting his political ally, former President Jair Bolsonaro.

Thursday's decision harmonizes Trump's plans, ensuring that neither the April nor July tariffs apply to certain products.

Trump and Brazilian President Luiz Inácio Lula da Silva have been negotiating over trade, which could further reduce tariffs.

 

Sponsored Links

Trending Videos

Salem News Channel Today

On Air & Up Next

  • Bloomberg Radio
    12:00PM - 1:00PM
     
    Bloomberg Radio is the world's only global 24-hour business radio station.   >>
     
  • The Ramsey Show
    1:00PM - 4:00PM
     
    Millions listen to The Ramsey Show every day for common-sense talk on money.   >>
     
  • Bloomberg Radio
    4:00PM - 5:00PM
     
    Bloomberg Radio is the world's only global 24-hour business radio station.   >>
     
  • MN Score Radio's 'Ten Thousand Takes'
     
    Join hosts Eric Nelson and Wally Langfellow as they break down the all the sports news you need to know.
     
  • The Ramsey Show
    7:00PM - 10:00PM
     
    Millions listen to The Ramsey Show every day for common-sense talk on money.   >>
     

See the Full Program Guide