Brazil sells to the USA, meat, orange juice, and coffee!!
Let's eat barbecue, drink orange juice, and have coffee for a pittance!
BeInCrypto Brasil
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Trump imposes surprising 50% tariff on Brazil and crypto market reacts
U.S. President Donald Trump announced a 50% tariff on Brazilian imports, escalating tensions after a week of diplomatic friction. The new tariff will take effect on August 1.
The announcement was made through Trump's social media channels in a formal letter addressed to Brazilian President Luiz Inácio Lula da Silva.
In the letter, Trump cited 'unfair trade practices' by Brazil and criticized the actions of the Brazilian Supreme Court regarding former President Jair Bolsonaro. He is currently facing trial for inciting an anti-democratic coup attempt.
The announcement was made through Trump's social media channels in a formal letter addressed to Brazilian President Luiz Inácio Lula da Silva.
In the letter, Trump cited 'unfair trade practices' by Brazil and criticized the actions of the Brazilian Supreme Court regarding former President Jair Bolsonaro. He is currently facing trial for inciting an anti-democratic coup attempt.
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