Trump Threatens 50% Tariff on Brazil
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1hon MSN
SAO PAULO (AP) — President Donald Trump’s threat to boost import taxes by 50% on Brazilian goods could drive up the cost of breakfast in the United States. The prices of coffee and orange juice — two staples of the American morning diet — could be severely impacted if there’s no agreement by Aug. 1.
1don MSN
One of the highest tariffs threatened by President Trump so far is against Brazil, with the president citing a criminal prosecution against Jair Bolsonaro.
Critics say the tariff on Brazil could further erode the Trump administration's credibility as it pursues an aggressive trade agenda.
President Trump says Brazil’s former right-wing leader, President Bolsonaro, who is standing trial in Brazil for allegedly plotting to assassinate his left-wing successor, is an honest man. Mr. Trump is threatening Brazil with a 50 percent tariff due to Mr.
Donald Trump’s latest threat to impose a 50% levy on Brazil over its domestic political affairs shows the rest of the world that nothing is off limits. The US president linked the hike to the trial of former Brazilian President Jair Bolsonaro — a right-wing populist — over an alleged coup attempt in 2022,