Trump threatens 50% tariff on Brazil
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President Donald Trump announced Wednesday he planned to hit Brazil with a 50% tariff, in part due to the treatment of its former president and his political ally, Jair Bolsonaro.In a letter posted to Trump's Truth social media network,
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One of the highest tariffs threatened by President Trump so far is against Brazil, with the president citing a criminal prosecution against Jair Bolsonaro.
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President Donald Trump is singling out Brazil for import taxes of 50%, citing its treatment of its former president, Jair Bolsonaro.
"I’ll be watching the WITCH HUNT of Jair Bolsonaro, his family, and thousands of his supporters, very closely," Trump stated. "The only Trial that should be happening is a Trial by the Voters of Brazil — It’s called an Election." The one area where Trump and Bolsonaro differ is in their pre-politics past.
Right-wing Brazilians wanted sanctions against the judge prosecuting Brazil’s former president. President Trump opted for something far bigger — tariffs.
President Donald Trump singled out Brazil for import taxes of 50% on Wednesday for its treatment of its former president, Jair Bolsonaro, showing that personal grudges rather than simple economics are a driving force in the U.
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Mediaite on MSNBrazil’s President Flatly Rejects Trump’s Demand to Drop Bolsonaro CaseLula issued a rebuke to Trump’s trade tariffs and firmly refused his demand that the case against the Brazil's former president Jair Bolsonaro be dropped.
Relations between the U.S. and Brazil deteriorated after President Trump sought to halt criminal proceedings against his right-wing ally in the country, former leader Jair Bolsonaro, by imposing steep tariffs on Latin America’s biggest nation.
Brazil's government expects the 50% tariff U.S. President Donald Trump announced earlier this week on all goods from the South American country to have little impact on its economic growth this year,