Trump, Brazil and Jair Bolsonaro
Digest more
Canada threats, blanket rates and ‘TACO’ create uncertainty for future - America’s trading partners brace for another series of tariff proposals that have blindsided allies
President Donald Trump announced Wednesday he planned to hit Brazil with a 50% tariff, in part because of the treatment of its former president Jair Bolsonaro, his political ally.
Brazil’s President forcefully rebuked Trump after the U.S. leader called the prosecution of Lula’s predecessor, Bolsonaro, a “witch hunt” and hiked tariffs on the Latin American nation.
President Trump vowed to impose 50% tariffs on imports from Brazil, citing a "witch hunt" of Brazil's former president.