Trump Implements 50% Tariff on Brazil Imports Amid Trade Tensions
TL;DR Summary
The U.S. signed an executive order imposing tariffs on Brazil, excluding key exports like orange juice, aircraft, wood pulp, and energy products, citing Brazil's prosecution of Bolsonaro as a reason. The move impacted Brazilian companies Embraer and Suzano positively, while also coinciding with sanctions on a Brazilian Supreme Court justice overseeing Bolsonaro's trial.
- Trump order excludes aircraft, OJ, energy from Brazil tariffs Reuters
- Trump executive order imposes new 40% tariff on Brazil, bringing total rate to 50% CNN
- Brazil’s president Lula hits back as Trump tariffs threaten US trade showdown The Guardian
- Donald Trump’s tariffs spread alarm among Brazilian farmers and ranchers Financial Times
- Trump Makes New 50% Tariff on Brazil Imports Official Barron's
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