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Home»Business»Trump broadcasts 50% tariff on all Brazilian imports beginning in August
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Trump broadcasts 50% tariff on all Brazilian imports beginning in August

Buzzin DailyBy Buzzin DailyJuly 9, 2025No Comments4 Mins Read
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Trump broadcasts 50% tariff on all Brazilian imports beginning in August
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White Home Council of Financial Advisors Chair Stephen Miran explains why tariffs aren’t inflicting a spike in inflation on ‘Varney & Co.’

President Donald Trump has declared a 50% tariff on all Brazilian imports, separate from sector-specific tariffs, starting on Aug. 1.

In a letter to Brazilian President Luiz Inácio Lula da Silva that he posted on his Reality Social account on Wednesday, Trump cited the South American nation’s “unfair” commerce relationship with the U.S., its therapy of former President Jair Bolsonaro, its assaults on free elections and violations of Individuals’ free speech rights as causes for the tariffs.

WALL STREET SHRUGS OFF TRUMP’S FRESH TRADE WAR RHETORIC, INVESTORS HOLDING FIRM

“Due partly to Brazil’s insidious assaults on free elections, and the elemental free speech rights of Individuals … beginning on August 1, 2025, we’ll cost Brazil a tariff of fifty% on any and all Brazilian merchandise despatched into america, separate from all sectoral tariffs,” Trump wrote within the letter. “Items transshipped to evade this 50% Tariff might be topic to that increased Tariff.”

US President Donald Trump speaks to journalists aboard Air Drive One after departing Joint Base Andrews, Maryland on his strategy to Bedminster, New Jersey on July 4, 2025.  (BRENDAN SMIALOWSKI/AFP by way of Getty Pictures / Getty Pictures)

Within the letter to Brazil’s Lula, Trump added that the 2 international locations have had years to debate their buying and selling relationship, which he described as being “removed from reciprocal.” The U.S. president additionally described the way in which Brazil has handled former Brazilian President Bolsonaro as an “worldwide shame.”

COPPER PRICES HIT RECORD HIGH AFTER TRUMP ANNOUNCES 50% IMPORT TARIFF

“I knew and handled former President Jair Bolsonaro, and revered him significantly, as did most different leaders of nations,” Trump stated. “This trial shouldn’t be going down. It’s a witch hunt that ought to finish IMMEDIATELY!”

Trump wrapped up the letter by warning Lula that if he decides to retaliate by elevating tariffs, any retaliatory tariff will increase might be added onto the 50% tariff the U.S. is charging. The U.S. president additionally stated he was launching an investigation into Brazil’s buying and selling practices.

Lula da Silva

Brazil’s President Luiz Inacio Lula da Silva speaks throughout a press convention on the BRICS summit in Rio de Janeiro, Brazil, on July 7, 2025.  (PABLO PORCIUNCULA/AFP by way of Getty Pictures)

“Moreover, due to Brazil’s continued assaults on the digital commerce actions of American corporations, in addition to different unfair buying and selling practices, I’m directing United States Commerce Consultant Jamieson Greer to instantly provoke a Part 301 Investigation of Brazil,” he stated. 

TRUMP TEASES ANNOUNCEMENTS ON TRADE NEGOTIATIONS WITH SEVEN COUNTRIES

Earlier Wednesday, Trump introduced increased tariff charges on six international locations in a flurry of social media posts. The most recent spherical of Trump’s commerce bulletins included Libya, Iraq, Algeria, Moldova, Brunei and the Philippines.

President of Brazil President Jair Bolsonaro.

President of Brazil Jair Bolsonaro speaks throughout the ceremony to unveil a challenge for brand spanking new nationwide IDs and passports at Planalto Palace on June 27, 2022 in Brasilia, Brazil. (Andressa Anholete/Getty Pictures / Getty Pictures)

The Philippines was charged the bottom tariff fee of 20%. Brunei and Moldova have been every hit with charges of 25%, whereas Trump imposed charges of 30% on Algeria, Iraq and Libya.

Trump posted pictures of the letters to every nation relating to the brand new tariff charges on his Reality Social platform. The tariffs would begin on Aug. 1.

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The bulletins got here after Trump just lately stated that if 14 international locations don’t strike a commerce take care of the U.S. by the start of subsequent month, they’ll revert to ranges set in April.

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