tariff
Coverage of tariff in the Nexus archive.
- Brazil’s Beef Tariff to China Just Hit 67%, and Plants Are Idling
Brazil filled its tariff-free beef quota to China, leading to a 67% duty on shipments. This has caused meatpacking plants to idle and workers to be sent home.
- Flávio Bolsonaro urges Washington to delay Brazil tariffs until after October vote
Brazilian Senator Flávio Bolsonaro, a leading right-wing presidential hopeful, requested the USTR to delay a 25% U.S. tariff on Brazilian goods until after October elections. The request was made during a public hearing in Washington.
- Trump warns of 100% tariff on countries implementing digital services tax
US President Trump warns of imposing 100% tariffs on countries that implement a digital services tax, stating the levy would override existing trade agreements.
- Colombia Slaps a 35% Tariff on Cheap Shoes to Curb Shein and Temu
Colombia imposed a 35% tariff on low-priced imported shoes to target cheap Asian e-commerce platforms like Shein and Temu and protect domestic shoe manufacturers. The measure aims to curb the influx of inexpensive footwear from these online retailers.
- Brazil and US Hold Tariff Talks as a 25% Levy Deadline Nears
Brazil and US officials are negotiating a proposed 25% tariff, with a July deadline that could reshape trade between the two economies in the Americas. The talks aim to avoid potential trade disruptions as the deadline approaches.
- Trump could slap Australia with 12.5% tariff for allegedly importing goods made by slave labour
Trump may impose a 12.5% tariff on Australia for allegedly importing goods made by forced labor. Australia claims it has 'robust, comprehensive and world-leading legislation addressing forced labour and modern slavery.' The US trade representative listed Australia among 54 economies that failed to enforce prohibitions on forced labor imports.
- Australian beef will soon be hit by 55% tariff in China, ministry says
Australian beef will face a 55% import tariff in China after shipments approach the annual quota, according to China’s Ministry of Commerce. The ministry confirmed that imports have reached 90% of this year’s quota, triggering the tariff adjustment.
- Court temporarily pauses order that declared Trump's global 10% tariffs unlawful
A federal appeals court has temporarily paused a lower court order declaring President Trump's global 10% tariffs unlawful. The pause is a temporary move, and the case is ongoing. The original order found the tariffs to be in violation of the law.
- Trump announces 25% tariff on cars, trucks from EU
President Donald Trump announced a 25% tariff on cars and trucks imported from the European Union, effective immediately. The move is part of ongoing trade tensions between the U.S. and EU.