Trump Threatens 50% Tariff on Brazil
Digest more
21h
Inquirer Business on MSNBrazil vows retaliatory tariffs against United StatesBrazilian President Luiz Inácio Lula da Silva said Thursday that he will impose retaliatory tariffs on the United States. That is, if President Donald Trump follows through on a
President Donald Trump's threat to boost import taxes by 50% on Brazilian goods stands to raise the cost of Brazilian exports, with coffee and orange juice among several key products that may see price increases if no trade agreement is reached by Aug.
The president signaled he would seek to use the threat of steep levies to reorient trade and protect his political allies.
Explore our tariff tracker to see the latest rates for Brazil and seven other nations impacted by Trump's new trade policies.