Desk Report,
Trump imposes 50 percent tariff on Brazil
US President Donald Trump has imposed an additional 40 percent tariff on goods from the Latin American country of Brazil. He signed an executive order on Wednesday. With this, the total tariff imposed by the United States on Brazil has reached 50 percent. This information was given by the White House.
Trump imposes 50 percent tariff on Brazil
A White House statement said that the Brazilian government’s politically motivated repression, intimidation, harassment, censorship, and judicial action against former President Jair Bolsonaro and thousands of his supporters are serious human rights violations. They have weakened the rule of law in Brazil.
The statement also mentioned that Brazil’s unusual and exceptional policies and actions are harming US institutions, the freedom of expression of US citizens, US foreign policy, and the economy. The statement also separately mentioned the name of Brazilian Supreme Court Justice Alexandre Moraes, who was involved in Bolsonaro’s trial.
Brazil and the United States have centuries-old trade relations. Washington’s trade surplus with Brasilia is $284 million. However, the White House announcement did not specify when Trump’s tariffs would take effect. Trump had previously said the tariffs would take effect on August 1.
US President Donald Trump has imposed an additional 40 percent tariff on goods from the Latin American country of Brazil. He signed an executive order on Wednesday. With this, the total tariff imposed by the United States on Brazil has reached 50 percent. This information was given by the White House.
A White House statement said that the Brazilian government’s politically motivated repression, intimidation, harassment, censorship, and judicial action against former President Jair Bolsonaro and thousands of his supporters are serious human rights violations. They have weakened the rule of law in Brazil.
The statement also mentioned that Brazil’s unusual and exceptional policies and actions are harming US institutions, the freedom of expression of US citizens, US foreign policy, and the economy. The statement also separately mentioned the name of Brazilian Supreme Court Justice Alexandre Moraes, who was involved in Bolsonaro’s trial.
Brazil and the United States have centuries-old trade relations. Washington’s trade surplus with Brasilia is $284 million. However, the White House announcement did not specify when Trump’s tariffs would take effect. Trump had previously said the tariffs would take effect on August 1.
