US Tariffs on Brazilian Imports Spark Cross-Commodity Concerns

US President Donald Trump’s recent move to raise tariffs on Brazilian imports to 50% starting August 1—up sharply from the 10% rate imposed in early April—has sparked concerns in global markets, with potential ripple effects across commodities like orange juice, beef, coffee, sugar, and seafood.

The trade measures, announced Wednesday, are raising alarms in export-dependent sectors and among US importers, with market participants saying the implications could be wide-ranging. 

Brazilian President Luiz Inácio Lula da Silva said the country would respond to the newly announced tariff on Brazilian exports with reciprocal measures. Below, Expana analyzes the potential impact...

Trump Announces August 1 Tariffs — Here's the Complete List

Global leaders are receiving news on their countries' US tariff rates this week, as President Donald Trump dispatched approximately 20 letters by Wednesday afternoon.

The tariff rates, which range from 20% to 50%, are set to take effect on August 1, unless new negotiations or trade deals are reached in the coming weeks. Trump signed an executive order establishing an August 1 deadline for implementing his “reciprocal” tariffs. He remained firm on social media, emphasizing that it marked the final cutoff for any new trade agreements...

Letter to Brazil: Trump Cites "Witch Hunt" While Charging 50% Tariff

US President Trump has charged 50% tariffs on Brazilian imports to the States, according to a letter to Brazilian President Lula.

This week, reciprocal tariffs were re-announced in the form of letters from the US Trump administration to trading partners who could not reach a deal within the previously granted 90-day pause. And what a fun week it's been for tariffs' "watchers on the wall."

Letters to 22 trading partners were sent with new tariff rates that will be implemented on August 1...

Trump Tariff Letters Continue to Roll Out; Philippines Faces 20% Tariff

President Trump has sent a new batch of letters to several countries, including the Philippines, notifying them of new US tariff rates set to take effect on August 1, giving them a short window to renegotiate trade terms before the deadline.

On July 8, Trump stated that a minimum of seven countries would be released, with an additional group to be released in the afternoon.

Despite multiple tariff implementation delays already, Trump was steadfast and set August 1 as a hard deadline in a social media...

Trump Letters Reveal August 1 Tariff Rates for Key US Trading Partners

The Trump administration was busy after the Fourth of July holiday, as the President sent out a litany of letters to US trading partners revealing what their tariff rate would be starting on August 1.

Over the weekend, President Donald Trump and members of the administration announced that letters would begin rolling out showcasing new tariff rates for countries. The letters came at a rapid pace on Monday afternoon, with messages dispatched to the leaders of Japan, South Korea and South Africa, to name a few...

Navigating the Trump Tariff Turbulence: A Comprehensive Timeline

US President Donald Trump and his administration have paused reciprocal tariffs on most countries.

“Based on the lack of respect that China has shown... I am hereby raising the [tariff] charged to China by the [USA] to 125%, effective immediately,” wrote Trump on Truth Social at 1:18 pm ET. 

It’s not clear if this 125% is in addition to the 20% imposed on Chinese imports to the US. In early March, Trump noted that he would add another 10% tariff on Chinese goods...

US to Impose 25% Tariff on Japanese and Korean Imports Starting August 1

President Donald Trump's tariff letters are being rolled out, with Korea and Japan at the forefront. In identical letters released on July 7, the administration announced that both countries will face a 25% tariff on all goods imported into the United States, effective August 1.

In identical letters sent to the leaders of both countries, Trump declared that the US would impose the tariffs “on any and all Korean (Japanese) products sent into the US,” including goods transshipped through third countries in an attempt to bypass the...

US Pushes Tariff Deadline to August, Trump Administration Expects Surge in Deals

President Donald Trump said on July 6 that the US is nearing several new trade deals and that letters will be sent to trading partners by July 9, warning of increased tariffs set to take effect on August 1.

The move effectively extends the administration’s trade deadline from July 9 to August 1, giving Trump more time to finalize agreements. So far, the U.S. has signed just two deals—one with the United Kingdom and another with Vietnam, as Expana reported last week...

Tariff Talks 2025: Expana's Weekly Rundown #16

Expana’s global team of specialist reporters has been tracking every twist and turn in the fluid tariff situation.

Click to read "Tariff Talks 2025: Expana's Weekly Rundown #16."

This report allows the Expana community to see where key commodity markets stand as of this past week... Click the above PDF report, or keep scrolling to read in plain text...

Trump Announces US Trade Deal With Vietnam, Including 20% Import Tariff

President Trump announced that the United States has agreed to a new trade deal with Vietnam on July 2.

Trump stated that Vietnam will pay the US a 20% tariff on all goods exported to the U.S. and a 40% tariff on transshipped goods. The higher 40% tariff targets products that are not originally made in Vietnam but are routed through the country to bypass higher tariffs. This move is significant, as many countries have used Vietnam as a transit point to avoid stricter trade penalties aimed at Chinese...

Trump, Carney Agree to Resume US-Canada Trade Negotiations

Trade discussions between the United States and Canada resumed late Sunday after Canada announced it would withdraw its proposed digital services tax targeting major US technology firms.

On June 27, President Trump stated that due to Canada’s intention to impose a tax on US tech firms, the US would halt all trade discussions with its northern neighbor “effective immediately.”

The tax was to take effect on Monday, June 30. According to the New York Times, the 3% digital services tax on major US tech firms like Meta, Amazon and...

US–China Trade Framework Advances, but Final Terms Still in Flux; Lutnick Hints at More Deals

The United States and China have inked a new trade agreement, President Donald Trump said on June 26.

Commerce Secretary Howard Lutnick mirrored the news during an interview with Bloomberg TV, stating that the deal was signed in recent days. Neither Trump nor Lutnick shared further details.

Expana reported on June 11 that Lutnick said the US and China agreed to a trade framework, and the latest comments from both Lutnick and Trump don’t seem to add much...

Study Finds 61% of US Consumers are Scaling Back on Restaurants, Spending Less on Groceries 

As tariffs and inflation continue to impact consumers, Americans are spending less on food. According to Popmenu, which currently serves over 10,000 restaurants, 67% of consumers are scaling back their budgets.  

The nationwide study tracked the dining and spending habits of 1,000 people 21 and older from June 16 to June 17, 2025. When asked to name the areas where they are cutting back the most, restaurants landed the number one spot, with 61% saying they are eating out less and staying in...

As China Obstacles Persist, Promotions Move More U.S. Beef Short Plate in Korea

International demand is critical for U.S. beef short plate, about 95% of which is exported. Major destinations include Japan, China, South Korea and Taiwan, where short plate is typically sliced thin, marinated and served in hot pot and Korean barbecue-style meals.

U.S. short plate commands a significant premium in these key Asian markets compared to being utilized domestically. But short plate is just one of the U.S. beef cuts entangled in the current trade impasse with China. When China imposed its countermeasures in response to U.S...

Diageo Agrees to Sale of Italian Facility to NewPrinces

Formerly known as Newlat Food, an Italian food and drink company now called NewPrinces bought 100% of the share capital for Diageo Operations Italy, according to a Diageo press release which specified the inclusion of the Santa Vittoria production facility.

The site produces a range of alcoholic beverages, ready-to-drink products, and low and no alcohol products, according to a Diageo spokesperson. 

The NewPrinces Group is already a leading player in the soft drinks market in the UK, with revenues of approximately €350 million in this category alone...

Tariff Talks 2025: Expana's Weekly Rundown #14

Expana’s global team of specialist reporters has been tracking every twist and turn in the fluid tariff situation.

Click to read "Tariff Talks 2025: Expana's Weekly Rundown #14."

This report allows the Expana community to see where key commodity markets stand as of this past week... Click the above PDF report, or keep scrolling to read in plain text...