US agribusiness attacks Trump and sees Brazil as the winner in the trade war

Producers recognize the loss of supplying only domestic demand and the fear that with the taxation, other countries will turn to Brazil

Pedro Beno

06/03/2025 12:33

Agribusiness

US agribusiness is dissatisfied with the tariffs announced by the Trump administration. Producers recognize the loss of supplying only domestic demand and the fear that with the taxation of American soybeans, other countries will turn to Brazil.

The pressure on Washington comes at a time when the Brazilian government is launching its first effort to negotiate a diplomatic solution to the US “tariff hike”.

A meeting between Vice President Geraldo Alckmin and US Secretary of Commerce Howard Lutnick is scheduled for this Thursday (06). The meeting took place after Trump mentioned Brazil by name in a speech to the US Congress, accusing it of unfair tariff practices.

Brazil is the winner

Among the various sanctions applied by the US government, one of the few segments with a favorable surplus is Chinese agribusiness.

Beijing quickly retaliated against US soybeans with 10% tariffs on imported raw materials. Farmers believe that Brazil can fill the vacuum left by the world's largest economy.