Brazil's Lula Slams Trump's 50% Tariff Threat
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Donald Trump ratcheted up pressure on Brazil to drop criminal charges against former President Jair Bolsonaro, saying he would be “watching closely” for a response just a week after threatening to impose punishing tariffs on the South American nation.
Tensions between the United States and Brazil have suddenly burst open. Brazil’s president promised to reciprocate against President Trump’s tariffs.
President Trump announced new tariff rates effective Aug. 1, sending letters to multiple countries. Explore our comprehensive list tracking these changes.
National Economic Council Director Kevin Hassett defended Donald Trump’s newly unveiled 50% tariff against Brazil on ABC News' "This Week."