Welcome to Brazil Tariff News and Tracker, where we break down the latest U.S. tariff shifts impacting Brazilian exports. In a stunning turn this week, the U.S. Supreme Court ruled 6-3 on February 20 that President Trump's use of the International Emergency Economic Powers Act, or IEEPA, to impose high tariffs was illegal, as that power belongs to Congress alone, according to Chambers and Partners reporting on the decision. The fallout? The U.S. government immediately repealed those steep additional duties, including the 40% to 50% rates hitting many Brazilian products. Taking their place is a new executive order under Section 122 of the Trade Act of 1974, slapping a flat 10% tariff on imports from all countries starting February 24, with Trump signaling a hike to the 15% maximum soon, as noted by FIATA and the Trade Compliance Resource Hub. This is huge for Brazil. Rio Times Online reports that nearly half of Brazil's $17.5 billion in annual U.S. exports—46%—now face zero additional surcharges, up from just 22% before, thanks to broad exemptions for aircraft, Embraer parts, coffee, beef, oranges, pharmaceuticals, critical minerals, and more. Standard Chartered economists predict Brazil's effective tariff rate will drop to around 10% from over 20%, boosting competitiveness and aiding recovery in sectors like machinery, footwear, and agriculture. Embraer scores a massive win, with planes and engines now tariff-free, leveling the field against rivals like Bombardier's, per Economic Times and TradingView analysis. Steel and aluminum still carry Section 232 national security tariffs of up to 50%, covering 29% of exports, and a Section 301 probe into Brazil's digital trade lingers. Oxford Economics calls Brazil one of the biggest winners overall, though the 150-day Section 122 clock ticks toward July 24, when Congress must weigh in. Trump's team vows more measures via Sections 232 and 301, so vigilance is key amid BRICS tensions. Brazilian exporters, breathe easier for now—this pivot restores footing in the $82.8 billion U.S. trade flow. Thanks for tuning in, listeners—subscribe for weekly updates on tariffs and trade. This has been a Quiet Please production, for more check out quietplease.ai. For more check out https://www.quietperiodplease.com/ Avoid ths tariff fee's and check out these deals https://amzn.to/4iaM94Q This content was created in partnership and with the help of Artificial Intelligence AI