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, President Donald Trump imposed a 50% duty on imports from Brazil, linking the measure to the country's treatment of former President Jair Bolsonaro.
- Trump sent letters to seven nations after a 90-day negotiation period expired and extended the tariff implementation deadline to August 1.
- The tariffs target countries with trade imbalances, though Trump’s specific action against Brazil appears driven by Bolsonaro's trial and perceived unfair treatment.
- Trump wrote the 50% tariff rate is below what is needed for a level playing field and stated tariffs may adjust depending on country relations.
- Brazil responded that it would invoke economic reciprocity laws, signaling potential trade retaliation and continued tensions between the two countries.
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Brazil has also been informed by US President Trump about new customs regulations. In the future, the country is to pay a record duty of 50 percent for exports to the US - apparently for political reasons.
US President Donald Trump said he would impose 50% tariffs on Brazilian imports, citing a “witch hunt” trial against the country’s former president, Jair Bolsonaro. Bolsonaro is on trial in Brazil, accused of trying to overturn his 2022 election loss. He faces charges that include involvement in an armed criminal organization and attempting to violently overthrow the democratic rule of law. Trump has described Bolsonaro as a friend and previousl…
US President Donald Trump has announced tariffs of 50 percent against Brazil.
With its customs policy, US President Donald Trump is now also targeting South America's largest economy - and linking the unusually high levy with political demands.
Adopting an aggressive stance, US President Donald Trump first announced imposing heavy tariffs on 7 countries. After this, he dropped a tariff bomb on Brazil as well and announced imposing 50 percent import duty directly.
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