Business Standard
The Trump administration proposed 25 per cent tariffs on imports from Brazil, charging that the world's 10th-biggest economy engages in trade practices that are "unreasonable'' and that "burden or restrict US commerce.'' Brazil's President Luiz Inacio Lula da Silva said he received the decision "with indignation." He also blamed the decision by the US administration on his rival in October's elections, Sen. Flavio Bolsonaro, who visited Washington last week. The senator is the son of former President Jair Bolsonaro, once nicknamed "the Trump of the Tropics" by his allies. The announcement late Monday came after an investigation by the Office of the US Trade Representative, charging Brazil with lax anti-corruption enforcement and unfair tariffs of its own, among other things. The US has had a goods trade surplus with Brazil for years. US Trade Representative Jamieson Greer said that he and President Donald Trump had "constructive'' meetings with Lula and other Brazilian officials. B
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