US EditionTrump slaps 50 percent tariff on Brazil, citing Bolsonaro prosecution
UNITED STATES, JUL 10 – Trump’s 50% tariff targets Brazil amid trade tensions and Bolsonaro’s trial, impacting $92 billion in bilateral trade and prompting Brazil to invoke economic reciprocity law, officials said.
- On August 1, 2023, U.S. President Donald Trump declared he would impose a 50% duty on Brazilian goods entering the United States, intensifying trade disputes between the two countries.
- The tariff was enacted following Trump's criticism of how Brazilian authorities are handling the legal proceedings against former President Jair Bolsonaro, who faces trial for allegedly attempting a coup to prevent Lula from assuming office in 2023.
- Brazil’s left-wing President Lula da Silva criticized the tariff as a one-sided action and pledged to retaliate according to Brazil’s policies on economic reciprocity.
- Trump justified the tariffs by accusing Brazil of undermining democratic elections and infringing on Americans' core free speech freedoms, and he cautioned that the situation could escalate if Brazil chooses to respond with retaliatory measures.
- The tariff triggered an emergency meeting in Brasilia, a fall of over 2% in Brazil's currency against the dollar, and criticism from BRICS members who oppose the U.S. measures.
374 Articles
374 Articles
Washington, Jul 15 (EFE).- U.S. President Donald Trump reiterated this Tuesday his support for former Brazilian president Jair Bolsonaro, who he described as “good man,” and stressed that the trial he is subject to in his country is a “witch hunt” with which “nobody is happy.” “Bolsonaro is a good man. I have met many prime ministers, presidents, kings and queens, and I know I am quite good at this. Bolsonaro is not a dishonest man. He loves the…
Trump Is Trying to Build a Far-Right International
Cooperation among populists in different countries has largely been an act of self-promotion. But as US President Donald Trump wields tariffs as a political weapon to help Brazil’s former president Jair Bolsonaro, the specter of a far-right international alliance is closer to becoming a reality.
In the spirit of BRICS, criminal defendant Jair Bolsonaro should be immediately transferred to China - teleSUR English
A modest proposal Related: BRICS’ Global Call to Conscience: Stop the Genocide in Gaza! In one of the most bizarre episodes in the history of international trade, President Donald Trump this week announced that 50% tariffs would be imposed on Brazil,a country that has a trade surplus with the United States and is one of its most important importers of coffee, orange juice, and petroleum,solely on the condition that it drop charges against crimin…
Brazil to enact new reciprocal tariff law amid US trade tensions
Lula’s Chief of Staff, Rui Costa, said the decree will be published in Brazil's official gazette on Tuesday. The announcement comes days after US President Donald Trump said he would place a 50% tariff on Brazilian exports.
Trump tests limits of tariff power as high-stakes court case forges ahead
President Trump's decision to link tariff rates to Brazil's prosecution of ex-leader Jair Bolsonaro is testing the bounds of White House tariff powers and could complicate the president's defense against a high-stakes legal case over his sweeping levies.
Coverage Details
Bias Distribution
- 53% of the sources are Center
To view factuality data please Upgrade to Premium
