Trump announces 50% tariff on Brazil in retaliation for Bolsonaro trial, trade deficit

cnbc.com/2025/07/09/trump-brazil-tariffs-bolsonaro.html

President Donald Trump said Wednesday the U.S. will slap a 50% tariff on Brazil's imports, partly in retaliation for the ongoing prosecution of the country's former president, Jair Bolsonaro.
Trump said in a letter that the new tariff — a massive jump from the 10% rate the U.S. imposed…

This story appeared on cnbc.com, 2025-07-09 20:49:37.
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