Trump Lifts Tariffs on Brazilian Coffee, Beef Imports

President Donald Trump signed an executive order on Thursday lifting additional tariffs on several Brazilian agricultural imports, including coffee, beef, fruit and cocoa, in a move aimed at reducing high consumer costs in the United States. The decision exempts these products from a 40 percent levy that had been in place since August, providing relief to American shoppers amid record-high prices for staples like coffee and beef.

The tariffs were initially imposed in July under a previous executive order, in which Trump declared a national emergency over Brazil's trade practices and actions against his political ally, former President Jair Bolsonaro. Bolsonaro, who lost the 2022 election, was sentenced to 27 years in prison for his role in an alleged coup attempt. The order also cited fines imposed by Brazil's Supreme Court on U.S. companies, including X, Meta and Google, as well as concerns about digital trade, anticorruption enforcement and ethanol market access. A Section 301 investigation into Brazil's practices, launched in July, remains ongoing.

Trump's reversal follows recent progress in bilateral trade talks. The U.S. leader spoke by phone with Brazilian President Luiz...