Brazil's industry lobby has six days to stop a 25% US tariff
Leading Brazilian industry groups have sent a joint letter to their US counterparts, racing to stop a 25% tariff the US Trade Representative is weighing under a Section 301 investigation. Manufacturers argue the tariff would seriously disrupt trade between the two countries. The window to act before the decision is closing fast.
Brazil's major industry associations, joined by the US Chamber of Commerce and other American business groups, sent a joint letter urging the US Trade Representative to drop a possible 25% tariff. The letter arrived just days before a final decision is expected.
The tariff is being weighed as part of a Section 301 investigation and could directly hit Brazil's steel, agriculture and manufacturing sectors. Industry representatives argue the trade relationship between the two countries would suffer lasting damage.
Brazil's government and private sector are racing to persuade counterparts in Washington before the decision is finalized. The outcome is expected to significantly shape the broader trade agenda between the two countries.
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