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  • 4 hours ago
Donald Trump removed the 40% tariffs on Brazilian beef, coffee and other foods, reversing a July move that had pushed up U.S. prices and strained relations with Brazil.
Transcript
00:00Meanwhile, U.S. President Donald Trump has lifted the 40% tariffs on Brazilian beef, coffee, cocoa and fruit.
00:08The move follows a similar rollback on agricultural duties for other countries last week,
00:13as the White House looks to ease rising food prices for consumers at home.
00:18The order applies to Brazilian imports entering the U.S. from 13 November,
00:23and could lead to refunds for duties already collected.
00:27Brazil supplies about a third of the coffee consumed in the U.S.
00:31and is a major source of beef for burgers.
00:35Retail coffee prices have risen by as much as 40% this year,
00:39driven by the tariffs and poor weather conditions.
00:43Higher food costs have fueled public frustration,
00:46contributing to Trump's lowest approval ratings since returning to office.
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