US president Donald Trump lifted 10pc tariffs on imports of Brazilian beef, coffee and fruits imposed in April, but 40pc tariffs imposed in August and other quota-tied fees remain in effect.
The executive order goes into effect retroactively on "goods entered for consumption, or withdrawn from warehouse for consumption" after 12:01am ET on 13 November.
Brazil is a major supplier of these products to the US. Brazil's foreign affairs minister Mauro Vieira and the US secretary of state Marco Rubio have discussed tariffs in recent weeks.
Starting in early August, a combination of tariffs equaling 76pc were imposed on US imports of Brazilian beef, cutting those volumes in half. Australia currently fills most US needs for beef, which are subject to a 10pc tariff. While Brazil had a 50pc tariff on in-quota shipments and a 76.4pc tariff on out-of-quota shipments, that has now been reduced by 10 percentage points.
US beef imports are forecast at 2.433mn t in 2025, up 16pc from 2024, before easing slightly to 2.245mn t in 2026, according to the US Department of Agriculture. But margins remain tight, squeezed by the volatile tariffs and shifting consumer behavior, importers and exporters said.
Tariffs also reduced shipments of Brazilian coffee and orange juice, other key products exported to the US.
