Tuesday, 02 January 2024 12:17 GMT

Trump starts investigation into Brazil’s trading practices


(MENAFN) The Trump administration says it has launched an investigation into Brazil's "unfair" trading practices.

It will include the Brazilian government's policies "related to digital trade and electronic payment services; unfair, preferential tariffs; anti-corruption interference", a statement from the US trade representative said.

The investigation seeks to determine whether they are "unreasonable or discriminatory and burden or restrict US commerce."

Last week, US President Donald Trump urged Brazilian authorities to end their prosecution of the country's former President Jair Bolsonaro, accusing them of carrying out a "witch hunt".

US Trade Representative Jamieson Greer said the probe was being launched at Trump's direction "into Brazil's attacks on American social media companies as well as other unfair trading practices that harm American companies, workers, farmers, and technology innovators".

"I have determined that Brazil's tariff and non-tariff barriers merit a thorough investigation, and potentially, responsive action," he said.

Greer accused Brazil of disadvantaging American exports by offering lower tariffs to other trade partners.

Investigators will look into alleged attempts by Brazil to penalise US companies involved in digital trade and services for not censoring political speech.

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