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

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

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

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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.