Brazil Rejects Us Trade Probe

2 Hour(s) Ago    👁 60
brazil rejects us trade probe

A firm stand against a US Section 301 investigation into its digital trade and tariff policies has seen Brazil brand the probe 'illegitimate' in a comprehensive 91-page rebuttal submitted on 18 August.

The investigation, which scrutinises Brazils ethanol trade and Pix payment system, was dismissed by Brazilian officials as a matter falling under the World Trade Organizations WTO jurisdiction rather than unilateral US action.

Brazil has escalated its response by requesting WTO consultations to challenge the US tariffs, which impose a 50 levy on Brazilian exports.

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