Trump announces 50% tariff on Brazil in retaliation for Bolsonaro trial, trade deficit
UNITED STATES, JUL 9 – The 50% tariff targets Brazil amid accusations of unfair trade and political persecution of former President Bolsonaro, with the tax effective August 1, escalating bilateral tensions.
- On Wednesday, U.S. President Donald Trump announced a 50% tariff on Brazilian imports to start August 1, addressing a letter to President Luiz Inácio Lula da Silva.
- Trump linked the tariff to Bolsonaro's ongoing trial over an alleged coup attempt after his 2022 election loss and framed it as a response to Brazil's political actions.
- Brazil is the largest supplier of unroasted coffee to the United States, providing about one-third of imports, and also contributes over 80% of the orange juice consumed in the U.S., with both commodities facing environmental challenges that affect their availability.
- Trump described the trial as a "Witch Hunt that should end IMMEDIATELY!" Meanwhile, JPMorgan economists expressed surprise at the 50% tariff threat in a client note entitled "Another day, one more step toward Liberation Day."
- The tariffs heighten inflation and trade tensions, revealing how political disputes shape U.S. economic policy despite a $6.8 billion U.S. trade surplus with Brazil last year.
218 Articles
218 Articles
Brazil wants to react with countermeasures. According to the EU Commission, an agreement in the trade conflict between the EU and the USA should be possible in the coming days
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In a letter to President Lula on Wednesday, July 9, Donald Trump states that "the manner in which Brazil treated former President Bolsonaro [...] is an international shame" and that Washington will accordingly apply 50% customs duties on Brazilian products entering the United States as of August 1. Brasilia can act in "reciprocity", replied him a few hours later Luiz Inacio Lula da Silva.
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Trump Sends Lula A Letter Imposing 50% Tariffs, Calls Bolsonaro Trial A 'Witch Hunt' — Brazil's President Hits Back: 'Will Not Accept Any Form Of Tutelage'
Tensions are flaring between the United States and Brazil following President Donald Trump’s threats of sweeping 50% tariffs on imports from the South American nation. What Happened: On Wednesday, Trump wrote a letter telling Brazilian President Luiz Inácio Lula da Silva that the trial of former President Jair Bolsonaro was “a Witch Hunt that should end IMMEDIATELY,” while accusing the nation of “insidious attacks on Free Elections,” which promp…
The president of the United States, Donald Trump, launched as part of the last offensive of his trade war the most brutal attack on Brazil, a country that threatens a universal tariff of 50%. It is a punishment in full rule, a retaliation, wrote the U.S. president in the letter with which Wednesday announced a tax whose entry into force is scheduled for August 1, for the treatment that the Brazilian justice system is giving to former president J…
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