The U.S. is granting tariff exemptions for numerous food and agricultural products from Brazil, following an executive order signed by President Trump. This move reflects adjustments to global tariffs, affecting 238 classifications of goods, including coffee and beef, retroactive to November 13. Brazil, which produces 37% of the world’s coffee, has faced a 40% additional levy since August due to concerns over its policies. The exemptions come amid trade negotiations between Trump and Brazilian President Lula da Silva, and a Section 301 investigation into Brazil’s trade practices is ongoing.

Source: https://www.supplychaindive.com/news/trump-tariffs-us-exempts-coffee-food-products-brazil/806176/