Brazil is contemplating the reduction of ethanol import taxes as an inflation control measure and to strengthen relations with President Trump. Vice President Geraldo Alckmin will speak with U.S. Commerce Secretary Howard Lutnick regarding tariffs.

The government of Brazil is contemplating a reduction in import taxes on ethanol, a measure that may be seen as an homage to United States President Donald Trump. This decision is reportedly intended to alleviate inflationary pressures within the country, according to a report from the newspaper O Globo. Brazilian Vice President Geraldo Alckmin is scheduled to engage in a conversation with U.S. Commerce Secretary Howard Lutnick to discuss the potential for tariff adjustments.

In summary, the Brazilian government is exploring the possibility of lowering ethanol import taxes as a strategy to combat inflation. This consideration also serves to strengthen diplomatic ties with the Trump administration. The upcoming discussions led by Vice President Alckmin may lead to significant policy changes regarding trade tariffs.

Original Source: dunyanews.tv

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