Trump signs a 50% decree and officials against Brazil, US President Donald Trump, signed on Wednesday (30) a decree that officializes the imposition of an extra 40% tariff on Brazilian products, totaling 50%. Despite this, the US government has decided to leave almost 700 items without extra charge. (Check out the list below) The list of products that will not be overwhelmed was released along with the official decree signed by Trump and includes orange juice, fuels, vehicles, civil aircraft and certain types of metals and wood. 📱 Bake the G1 app to see real -time and free news the exceptions are in the annex of the executive order and are valid from the date of entry into force of the measure. In the case of aircraft, Embraer was the largest beneficiary. Americans account for 45% of commercial jet sales and 70% of the Brazilian manufacturer’s executive jets. The company’s shares fired 10% with the entry of the aeronautical sector between the exceptions. The new fare should significantly impact Brazilian exports. However, the list of exceptions may represent a relief for sectors such as the aeronautics, energy and agricultural. See the main items that will not be overwhelmed by 40% ✈️ Civil aircraft articles: all civil aircraft (non -military), their engines, parts, subsets and flight simulators are exempt. The list includes from tubes and hoses to electrical systems, tires and metal structures. 🚗 Vehicles and specific parts: The fare does not apply to passenger vehicles such as sedans, SUVs, minivans and load vans, as well as light trucks and their respective parts and components. Electronics: smartphones and other phones for cellular or wireless networks, antenna and antenna reflectors, recording devices and sound and video playbacks, among others. 🏗️ Specific iron, steel, aluminum and copper products: products and derivatives of these metals, including semi -cable items and industrial components, are also outside the new rate. 🌾 Fertilizers: Fertilizers widely used in Brazilian agriculture are exempt from the additional fare. 🌰 Agricultural and wood products: The list includes Brazil nuts, orange juice and pulp, gross mica, sawn or chipped tropical wood, wood pulp and sisal wires or other agave fibers. ⚙️ Specific metals and minerals: Products such as silicon, water iron, alumina, tin (in various shapes), precious metals such as gold and silver, ironickel, ironio and ferrous products obtained by direct iron ore reduction. 🔋 Energy and Energy Products: The rate does not apply to various types of coal, natural gas, oil and derivatives such as kerosene, lubricants, paraffin, oil bun, bitumen, bituminous mixtures and even electricity. 🔧 Goods returned to the US: Articles that have been exported for repair, modification or processing and returning to the United States under certain conditions are also exempt, with specific exceptions to the added value. 🚢 Goods in transit: products that were already in transit before the order – as long as they reach the US until October 5 – will not be affected by the new rate. 🧳 Personal Products: Items included in the luggage accompanied by passengers who arrive in the United States are exempt from the additional rate. 🆘 Donations and informative materials: Donations of food, clothing and medicines designed to relieve human suffering are exempt, unless the president consider that they pose a risk to national security. Also free from the fare are informative materials such as books, movies, CDs, posters, works of art and journalistic content. Exceptions soften, but do not resolve the secretary of the National Treasury, Rogério Ceron, said on Wednesday that the exceptions are a positive sign, but stressed that this does not mean that the impact on the Brazilian economy will be small. “It represents a more benign scenario than it could be, in a wider rate. It does not mean that it has small impacts, or that it has no relevant effect, it needs to be processed more broadly,” he said. The secretary participates in discussions about the plan to mitigate the effects of tariffs on the Brazilian economy. Ceron pointed out that some of the exempt products are also relevant to the economy of the US. The secretary also stated that the government’s plan to mitigate the effects of the tariff is ready, and that now awaits the decision of the president about the proper time for the announcement. With the exceptions provided for in the tariff, Ceron believes that the plan will not need major adjustments, as it is designed to be flexible and proportionally meet the sectors most impacted by Trump’s tariffs. Coffee and beef are ignored on list of exceptions on fees. The decision to apply the fare was made by President Donald Trump, who signed an executive order and declared a new national emergency to justify the measure. According to the US government, Brazil has adopted recent actions that represent a threat to national security, economy and foreign foreign policy. Therefore, he decided to raise at 40 percentage points the existing fare, which now total 50%. The executive order also brings harsh criticism of the Brazilian government. According to the text, Brazil would be promoting political persecution against former President Jair Bolsonaro and his supporters, as well as adopting practices that violate human rights and weaken democracy. The document nominally mentions Minister Alexandre de Moraes of the Federal Supreme Court (STF), accusing him of confidential orders to force American companies to censor political speeches, provide user data, and change their internal policies under threat of sanctions. One of the cases cited is that of Paulo Figueiredo, resident in the US, who was being prosecuted in Brazil for statements made in US territory. In addition to the fare, President Trump ordered, on July 18, the cancellation of the visas of Alexandre de Moraes, other STF ministers and his family members. Infographic – List of exemptions to Trump Art/G1 tariff has exempted some Brazilian products reuters
Source link
Trump’s rate: 50% rate against Brazil has a long list of almost 700 exceptions; See which
29