Brazil considers cutting ethanol import tax in nod to Trump, report says

Business
Brazil considers cutting ethanol import tax in nod to Trump, report says
SAO PAULO (Reuters) - Brazil's government is considering cutting import taxes on ethanol in a nod to US 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 US Commerce Secretary Howard Lutnick on Friday to discuss tariffs.