By Brendan O’Boyle
(Reuters) -U.S. President Donald Trump signed an executive order on Wednesday imposing a 40% tariff on Brazilian exports, bringing the country’s total tariff amount to 50%. Some of Brazil’s major exports, however, were exempted from the tax.
Notable exemptions include products already covered by other specific tariffs, like passenger vehicles, iron and steel products, and a large number of parts and components used in civil aircraft.
Below is a list of the products exempted from the tariff hike:
PRODUCTS ALREADY SUBJECT TO PREVIOUSLY ANNOUNCED SECTORAL TARIFFS
* Iron and steel (raw and derivatives)
* Aluminum products (raw and derivatives)
* Passenger vehicles (sedans, SUVs, minivans, etc.) and light trucks
* Parts for passenger vehicles and light trucks
* Semi-finished and intensive copper derivative products
AGRICULTURAL AND FOOD PRODUCTS
* Brazil nuts
* Orange juice (frozen and not frozen) and orange pulp
CIVIL AIRCRAFT, PARTS, AND COMPONENTS
* Civil aircraft, including airplanes, helicopters, unmanned aircraft (drones), balloons, and gliders
* Aircraft engines (piston, turbojets, turbopropellers) and their parts
* New, retreaded, and used pneumatic tires for aircraft
* Undercarriages and other aircraft parts
* Aircraft seats
* Navigational instruments, radios, and radar apparatus for aeronautical use
* A wide range of other components specified for civil aircraft use
ENERGY AND MINERAL PRODUCTS
* Crude petroleum, various petroleum oils, and fuel products
* Natural gas (liquefied and gaseous)
* Coal and related products (lignite, peat, coke, tars)
* Electrical energy
* Iron ore and tin ores
* Silicon metal and metallurgical grade alumina (aluminum oxide)
* Crude mica and worked building stone
METALS AND METAL PRODUCTS (GENERAL EXEMPTION)
* Nonalloy and alloy pig iron
* Ferroalloys, including ferronickel and ferroniobium
* Tin waste, scrap, oxides, and chlorides
PRECIOUS METALS
* Silver bullion and dore
* Gold bullion and dore
WOOD AND PAPER PRODUCTS
* Various types of chemical and semi-chemical wood pulp
* Sawn or chipped tropical wood
* Paper and paper pulp products
CHEMICALS AND FERTILIZERS
* Various mineral or chemical fertilizers
* A specific list of industrial chemicals, including potassium hydroxide and certain chlorinated hydrocarbons
OTHER GENERAL EXEMPTIONS
* Donations intended to relieve human suffering (e.g., food, clothing, medicine)
* Informational materials (e.g., publications, films, music, artworks)
* Binder or baler twine made of sisal or agave fibers
(Reporting by Brendan O’BoyleEditing by Marguerita Choy)
Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibility for its content.