On October 6, local time, Brazil's Ministry of Development, Industry, Trade and Services announced that Brazil's exports to the United States in September were approximately US $2.58 billion, compared with approximately US $3.23 billion in September last year, a year-on-year decrease of 20.3%. During the same period, Brazil's imports from the United States increased from US $3.8 billion to US $4.35 billion, an increase of 14.3%. In September, Brazil's trade deficit with the United States reached US $1.77 billion, not only showing a deficit for the ninth consecutive month, but also setting a record for the highest deficit this year.
Since August 6 this year, the United States has imposed a 40% ad valorem tariff on Brazilian products exported to the United States, affecting nearly 35% of Brazil's total exports to the United States. In September, Brazil's global exports totaled US $30.5 billion, while its imports totaled US $27.5 billion. On October 6th, Brazilian President Lula had a half-hour telephone conversation with US President Trump, and Lula formally asked the US to cancel the tariffs imposed on Pakistan. (Headquarters reporter Ma Tianjing Geng Zhiqian)
Lula and Trump spoke on the phone and asked the United States to lift the 40% tariff on Brazil>>
10% + 40% U.S. imposes massive tariffs on Brazilian goods Brazil: sovereignty does not make concessions >>