Trump Announces 50% Tariff On Brazil Citing Bolsonaro Trial And Trade Disputes
US President Donald Trump announced a steep 50% tariff on imports from Brazil, dramatically escalating trade tensions with South America's largest economy. The move, Donald Trump said, is in part retaliation for what he described as the 'unjust" prosecution of former Brazilian President Jair Bolsonaro as well as what he called a 'very unfair trade relationship" between the two nations. The new tariff represents a fivefold increase from the 10% rate the US imposed on Brazilian imports in April.
In addition to the tariffs, Donald Trump confirmed the launch of a federal investigation into what he called 'unfair trade practices" by Brazil. In a letter addressed to Brazilian President Luiz Inácio Lula da Silva, Donald Trump accused the country of 'continued attacks on the Digital Trade activities of American companies," a reference to recent regulatory actions and digital taxation proposals being considered in Brazil.
'The relationship is far from reciprocal," Donald Trump said in a post on his social media platform Truth Social, adding, 'We will no longer tolerate one-sided trade and political persecution of a great friend of the United States."
Following this, the total number of countries targeted under Donald Trump's renewed tariff campaign has reached 22 as earlier Donald Trump unveiled a fresh round of tariffs on several more countries, escalating his push for what he describes as 'fair and reciprocal" trade terms for American goods. The latest measures impose 30% duties on imports from Sri Lanka, Algeria, Iraq and Libya, along with 25% tariffs on Brunei and Moldova and a 20% rate on the Philippines. The announcement follows closely on the heels of Donald Trump's earlier move notifying 14 other countries of impending trade penalties.
First Published:
July 10, 2025, 02:20 IST
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