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MercoPress, en Español

Montevideo, August 3rd 2026 - 06:35 UTC

Tag: Tariffs

  • Saturday, July 25th 2026 - 12:39 UTC

    Brazilian industry estimates nearly half its US exports will face additional tariffs

    The study, released on Thursday, details that the new 12.5% rate reaches 4,060 Brazilian products

    Some 48.7% of Brazilian exports bound for the United States will be subject to some form of additional tariff following the entry into force of the new forced-labor levy, according to a study by the National Confederation of Industry (CNI), the country's main industrial employers' body.

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  • Saturday, July 25th 2026 - 09:14 UTC

    New US tariff scheme expands Argentine zero-duty lines to 2,212

    Argentina was also placed in the lowest band of the new regime, with an additional 10% tariff, the same rate that previously applied

    The new US tariff scheme that took effect on Friday raised to 2,212 the number of Argentine tariff lines that can enter the US market at a 0% rate. To the 1,675 lines already covered by the Reciprocal Trade and Investment Agreement (ARTI), signed on February 5 in Washington, another 537 were added following a review by the Office of the US Trade Representative (USTR).

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  • Friday, July 24th 2026 - 07:05 UTC

    Uruguay faces a 12.5% US tariff as its foreign ministry weighs the implications

    Sources at the Foreign Ministry confirmed the decision and said its implications are being analyzed, while noting that the outcome “was within expectations”

    Uruguay was placed in the highest band of the new US tariff scheme, with an additional 12.5% levy on its exports to the United States, for not having an explicit ban on the import of goods produced with forced labor. The measure, which took effect on Friday, raises the rate that had applied to the country since February, of 10%.

  • Wednesday, July 22nd 2026 - 07:18 UTC

    US readies tariffs on some 60 economies over forced labor, with Argentina among them

    The proposal, put forward by Greer's office in June following an investigation launched in March, contemplates two tiers

    US Trade Representative Jamieson Greer said his government will announce new tariffs on some 60 economies in the coming days for failing to enforce bans on the import of goods produced with forced labor. “The US has laws to prohibit trading goods with forced labor. Other countries, most of them, don't have a law, and those that do really don't enforce it,” he said on Tuesday in an interview with CNBC.

  • Tuesday, July 7th 2026 - 21:10 UTC

    Flávio Bolsonaro urges Washington to delay Brazil tariffs until after October vote

    In his remarks, Bolsonaro argued that imposing the tariff now would hand a political victory to the government of President Luiz Inácio Lula da Silva

    Brazilian Senator Flávio Bolsonaro, the leading right-wing presidential hopeful, asked Donald Trump's administration on Tuesday to postpone until after the October elections a 25% tariff that the United States is considering imposing on Brazilian goods. He made the request during a public hearing before the Office of the US Trade Representative (USTR) in Washington.

  • Thursday, June 4th 2026 - 10:40 UTC

    US proposes forced-labor tariffs on 60 economies, with Brazil and China facing 12.5%

    The initiative seeks to replace the tariffs the Supreme Court struck down in February, when it found that President Donald Trump had exceeded his authority by using an economic emergency law

    The US government proposed tariffs of up to 12.5% on 60 economies —59 countries and the 27-nation European Union— for failing to ban or effectively enforce the prohibition on imports of goods made with forced labor. The measure, announced Tuesday night by Trade Representative Jamieson Greer, relies on Section 301 of the 1974 Trade Act and is the White House's most ambitious step yet to rebuild its tariff policy.

  • Wednesday, May 20th 2026 - 01:27 UTC

    The European Union unblocks tariff deal with United States after ten months of negotiation

    The ratification process was delayed by the reluctance of the European Parliament, which at the start of the year blocked the text in response to the Trump administration's threats against Greenland

    Negotiators from the European Parliament, the Council of the European Union, and the European Commission reached a provisional agreement in the early hours of Wednesday on the final text of the tariff pact with the United States, in a decision that closes ten months of negotiations marked by pressures, threats, and successive blockages in the European Parliament. The Cypriot presidency of the Council, exercised during the first half of 2026, confirmed the breakthrough through the X social media platform and emphasized that the aim of the agreement is to “enhance a stable and predictable trade relationship” between the two blocs.

  • Monday, March 30th 2026 - 15:01 UTC

    Brazil hit hardest as Latin America adjusts to Trump tariffs after one year

    The region shows uneven results one year after the start of Washington's tariff war. Photo: Brazil's Santos port (APS)

    One year after the Trump administration launched its tariff offensive against more than 180 countries, Latin America presents a mixed picture: some economies lost competitiveness in the U.S. market, while others redirected exports or negotiated agreements to cushion the blow.

  • Tuesday, February 24th 2026 - 12:14 UTC

    Trump’s tariff uncertainty adds pressure on the dollar after Supreme Court ruling

    The move adds uncertainty to Washington’s trade relationships

    A fresh round of tariff moves announced by U.S. President Donald Trump has reintroduced market volatility and added pressure on the dollar, as investors and banks debate whether the currency is losing part of its traditional safe-haven role.

  • Monday, February 23rd 2026 - 12:41 UTC

    Italy seeks “clarity” from the US, urges calm amid renewed tariff uncertainty

    Tajani is due to join the G7 trade ministers’ conference and then convene Italy’s national tariff task force with companies and business associations to provide updates and assess potential impacts

    Italian Foreign Minister Antonio Tajani said on Monday he would seek “clarity” from the United States during a G7 videoconference on international trade and urged restraint as Washington’s latest tariff moves inject fresh uncertainty into transatlantic commerce.

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