“Customs” Wednesday of Trump. “Victims” semi -finished copper, Brazil and low value parcels
2025-07-30 21:30, act 201.2025-07-30 23:36
publication
2025-07-30 21:30
update
2025-07-30 23:36
US President Donald Trump signed ordinances on Wednesday, which increase the customs duties to goods from Brazil to 50 percent, establish 50 % Dutch for semi -finished copper and eliminates the provisions on the exemption from the customs of shipments worth below $ 800. Dutch to Brazil is retaliation, among others for “persecution” of former President Jaira Bolsonaro.
He informed the White House on the signing of the documents on his website. A decision on increasing duties for goods from Brazil from 10 to 50 percent. He is related to the trial against the former President of the country for an attempt to assassination with Trump.
“The executive regulation states that politically motivated persecution, intimidation, harassment, censorship and accusations taken by the Brazil government towards the former President of Brazil Jaira Bolsonaro and thousands of his supporters are serious violations of human rights, which undermine the rule of law in Brazil,” the white home was written. Among the reasons, “harming American companies, the law of US citizens, American foreign policy and American economy.”
Trump threatened to impose such duties on goods from Brazil at the beginning of July. On Wednesday, apart from the new customs, the Department of State also announced the imposition of sanctions on the Supreme Court judge Alexandre de Moraes, who chaired the trial against Bolsonaro.
The US President has already announced the imposition of duties on imported copper, claiming that this is “equalizing opportunities for American enterprises dealing with copper extraction in order to support a strong domestic copper industry.” On July 8, these announcements were caused by unprecedented increases in copper prices in the USA, on the Comex stock exchange, by as much as 13 percent.
Today, however, contrary to earlier expectations, the high duties have been applied only to copper intermediates, such as pipes, wires, rods and components. Copper itself (copper ore, concentrates, cathodes) will not be subject to additional border fees. As a result Comex recorded on the American market Comex recorded unprecedented declines on Wednesday, nearly 18 percent. All because the lack of duties for imported copper will reduce its price for American companies.
Wednesday's decision of Trump should not have a lot of translation into copper ratings in London. After the previous announcement of Trump, when copper in the US increased by 13 %, the next day copper quotations in London recorded slight declines, not exceeding 2 percent.
Experts comment that Trump's withdrawal from duties to refinable copper is the result of realizing that American industry is not capable of providing appropriate amounts of such copper.
New regulations – duties in the amount of 50 percent For semi -finished copper – Chile, Peru and Mexico will affect the most.
Brazil: It could have been worse, some goods were excluded from duties
A representative of the Ministry of Finance Brazil Rogerio Ceron assessed on Wednesday, after the US President Donald Trump announced 50 % duties on Brazilian goods that this is not the worst possible scenario. He emphasized that some goods were excluded from duties.
This does not mean, however, that the impact of this decision on the Brazilian economy will be small – emphasized Ceron, who is the secretary of the treasury at the Ministry of Finance.
Orange juice, some types of aircraft, cellulose mass and energy goods were among dozens of products excluded from new duties.
After the list was announced, the stock prices of the Brazilian group producing Embraer aircraft and the Suzano cellulose mass manufacturer – noted the Reuters agency. Embraer sells 45 percent to the USA your commercial passenger aircraft and 70 percent private jets.
– This means a milder scenario than with a wider duties. This does not mean that the effects will be small or that it will not have a significant impact, it must be analyzed in a broader context – said Ceron, quoted by the Globo television portal.
The secretary of the treasury assured that his ministry had already developed a plan to alleviate the effects of American duties. Now this plan will be adapted, taking into account the exclusion of some goods from duties to help the sectors most affected by Trump's decision – he added.
However, Brazilian media emphasize that coffee and beef were not excluded from the duties, belonging to the most important goods exported from Brazil to the USA. On Tuesday, the Brazilian Association of Meat Exporters on Tuesday that at 50 % duties, meat sales to the US will be unprofitable.
The third decree signed on Wednesday talks about the global abolition of the “de minimis” principle, allowing the duty -free flow of shipments of low value, up to $ 800. According to the White House, the gap in the regulations – already eliminated in the case of shipments from China – is used to bring fentanyl and chemical precursors and drug production equipment.
Earlier on Wednesday, Trump announced that he would impose 25 percent. duties on goods from India and for now an indefinite “punishment” for buying Russian oil by this country.
From Washington Oskar Górzyński (PAP)/MD (Bankier.pl)
OSK/ Kar/
