Foreign Trade
US imposes 12.5 percent tariff on Brazil over forced labor
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The United States government announced on Thursday (23) a new 12.5 percent tariff on Brazilian exports linked to an investigation into forced labor. The measure, effective Friday (24), adds to the 25 percent tariff already in place since last week.
Brazilian processed wood companies face production cuts and possible layoffs due to 25% US tariffs, with no alternative plan in place.
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Vice-President Geraldo Alckmin said on Tuesday that the government will not apply the Reciprocity Law as retaliation for the 25% tariffs imposed by the United States, which take effect on Wednesday.
The Autoridade Portuária de Santos (APS) estimates that the port handled 185 million tons in 2025, marking the ninth consecutive year of records. This volume represents a 2.8% growth from 2024 and would be the highest in the history of Latin America's main port complex. Despite criticisms about infrastructure, the entity highlights investments and efficiency.