Brazil considers cutting ethanol import tax in nod to Trump, report says
ReutersFeb 28, 2025 6:28 PM
SAO PAULO, Feb 28 (Reuters) - Brazil's government is considering cutting import taxes on ethanol in a nod to U.S. President Donald Trump and as a way to help tame inflation, newspaper O Globo reported on Friday, citing sources.
Brazilian Vice President Geraldo Alckmin was reportedly set to have a call with U.S. Commerce Secretary Howard Lutnick on Friday to discuss tariffs.
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