Washington, Nov. 21 -- President Donald Trump has rolled back a 40 percent tariff on more than 200 Brazilian agricultural and livestock products, including beef, coffee, cocoa, vegetables, and some ammonia-based fertilizers.
The tariffs were originally part of a broader trade dispute, but they have been reduced as part of the Trump administration's effort to lower consumer costs for Americans. The move follows negotiations with Brazilian President Luiz Inacio Lula da Silva.
The White House issued an executive order to eliminate punitive tariffs on some agricultural products from Brazil on Thursday.
The refund of the duties collected since April 13, when the executive order took effect, will be handled by the U.S. Customs and Border Prote...