Factbox-Some key Brazilian exports spared from Trump's new 40% tariff

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)

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• Energy stocks rally as fresh U.S.-Iran attacks drive oil prices higher
• US to announce sharply lower vehicle fuel economy requirements
• Republican committees ask US Supreme Court to preserve access to cheaper ad rates