What to Know About Donald Trump's Tariff Tussle with Brazil
BRAZIL, JUL 13 – Trump links 50% tariffs on Brazilian imports to demands to halt Bolsonaro's trial, escalating trade tensions and raising concerns about global economic impact, experts say.
- President Donald Trump planned to impose a 50% tariff on imports from Brazil due to frustration over trade talks and Brazil's legal actions against former President Bolsonaro.
- The tariff announcement followed Brazil's trial of Jair Bolsonaro, which Trump called a 'witch hunt' and partly linked to Brazil's 'insidious attacks on Free Elections.'
- Brazil supplied over 8.1 million 60-kilogram bags of primarily higher quality arabica coffee to the U.S. last year, with limited alternatives from robusta producers like Vietnam.
- Ryan Cummings noted that a 50% rise in wholesale coffee costs could increase consumer prices by 25 cents per cup within about three months after tariffs begin.
- The tariffs could disrupt coffee supply chains, raise consumer prices, and challenge longstanding U.S.-Brazil trade surpluses, while boosting customs duty revenues to record highs in June 2025.
35 Articles
35 Articles
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