Brazilian agribusiness returns to the US table with the end of the 40% surcharge

The decision by United States President Donald Trump to suspend the additional 40% tariff applied since July to various Brazilian agricultural products has provoked an immediate reaction among exporters, foreign trade analysts, and investors. The measure, formalized through an Executive Order last week, removes from the surcharge list items that have a strong weight in the trade balance between the two countries, including coffee, beef cuts, açaí, tomato, guava, mango, banana, and cocoa. With a direct impact on competitiveness, the suspension is already seen as a reopening of access for Brazilian agribusiness to the world's largest importer of food. The relief comes with another decisive element: the retroactive application of the measure to November 13. The order provides that the suspension applies to goods cleared in the United States from this date, allowing importers to request a refund of the values paid based on the additional tariff from U.S. Customs and Border Protection. ...