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The Nexus
WORLDJun 2 · 14:13 UTCSCMP CHINAReuters

US proposes 25% tariff to punish Brazil over trade practices

The Trump administration proposed a 25% tariff on Brazilian imports, citing unfair trade practices including digital trade and illegal deforestation. The measures, under Section 301, target areas like electronic payment services, preferential tariffs, intellectual property protection, and ethanol market access.

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