European Union Hits the United States with Retaliatory Tariffs

The European Union announced on Monday afternoon it will impose tariffs on up to $4 billion of United States’ imports in retaliation for the American government’s subsidies for Boeing, pointing out that it was hopeful for an improvement in trade ties under President-elect Joe Biden.

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Brazilian Government Will Eliminate Tariffs on Soy and Corn until Next Year

The Brazilian government decided to temporarily eliminate tariffs on soy and corn imports from nations outside the Mercosur trade bloc until next year, in a move that reverses one of the main policies of conservative President Jair Bolsonaro.

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