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MercoPress, en Español

Montevideo, August 23rd 2025 - 12:42 UTC

Tag: trade tariffs

  • Friday, July 11th 2025 - 10:55 UTC

    Brazil to look elsewhere in light of Trump's tariffs

    Fávaro said alternatives were being sought for profuts that would become unaffordable to US consumers

    Brazil's Ministry of Agriculture and Livestock (Mapa) has been entrusted with seeking new markets to replace placements that may be affected by US President Donald Trump's 50% tariffs, in a move to minimize the measure's impact, Minister Carlos Fávaro confirmed Thursday.

  • Friday, July 11th 2025 - 10:12 UTC

    Nobel laureate claims Trump's tariffs on Brazil politically motivated

    In Krugman's opinion, the measures unveiled by Trump are also arguments for opening impeachment proceedings against him

    American Economist Paul Krugman, a New Keynesian expert who once received the Nobel Prize, has been heavily critical of President Donald Trump, saying that the Republican leader was “evil and megalomaniacal” after the 50% tariffs imposed on all Brazilian products and insisted the measure reverberated in his own country.

  • Thursday, July 1st 2021 - 09:00 UTC

    Brazilian industry and unions request suspension of Mercosur talks on reducing the Common External Tariff

    Brazil will take over the rotating chair of Mercosur this month for the second half of 2021

    The Brazilian Confederation of Industry, CNI and the IndustriALL-Brasil (which represents industry unions) have officially requested that in the next Mercosur meeting, scheduled for early this month, Brazilian representatives withdraw the proposal for a reduction of block trade tariffs with other countries. However, both institutions also backed the current flexibilization of current trade talks with third countries, such as South Korea.

  • Thursday, December 17th 2020 - 10:08 UTC

    US and UK in talks to seal a mini-deal to reduce trade tariffs

    UK recently said it would drop tariffs against the US over subsidies for aerospace firms. This was in a bid to reach a post-Brexit trade deal with Washington.

    The outgoing US administration is in talks with the UK to try to seal a mini-deal to reduce trade tariffs, Trump's trade chief has told the BBC. US Trade Representative Robert Lighthizer said he was hopeful for a deal that could see punitive tariffs on Scottish whisky lowered.