Trump imposes steep 50% tariff on Brazilian imports, demands trial halt against ex‑President Bolsonaro
President Trump today announced a sweeping 50% tariff on Brazilian imports, citing the legal prosecution of former President Jair Bolsonaro. Trump described the trial as a “witch hunt” and demanded its suspension, framing the measure as both punitive and diplomatic pressure.
Brazil’s President Lula immediately rebuffed the move, emphasizing judicial autonomy and rejecting Washington’s interference in domestic affairs. Analysts warn that this bold trade action risks souring U.S.–Brazil relations and disrupting key commodity markets.
The tariff directive reaches beyond Brazil: Trump indicated potential duties on BRICS-aligned nations, further escalating retrievals in global trade alignment . Markets responded sharply, with copper prices jumping and major international indices showing volatility.
Economy experts caution that while aimed at political leverage, the tariffs may backfire—hurting consumers and undermining the rules-based trade system. The move mirrors earlier missteps in Trump’s tariff strategy, raising concerns about long-term global trade stability.
I’m Adedayo Obadina
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