Trump, new tariff and U.S. Trade Policy
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President Donald Trump sent out a slew of letters Wednesday to some global trading partners, advising them of tariff levels as high as 50% for their exports to the United States.
The pause on the biggest of Trump's tariffs won't end this week, but the president continues to pledge steep new duties against major countries.
President Trump is again amping up his trade threats, unveiling a new batch of letters to country leaders outlining tariffs on goods imported from their countries beginning in August. The highlight of his letter barrage late Wednesday was his announcement of a coming 50% tariff on goods from Brazil in a letter sent to its president,
Trump, who has called Bolsonaro a friend, had hosted him at his Mar-a-Lago resort back in 2020, when both were in office.
US President Donald Trump announced new tariffs of at least 25% on most goods imported from 14 nations, including Japan and South Korea, effective August 1. These tariffs are part of his “Make America Wealthy Again” initiative,
Brazilian President Luiz Inacio Lula da Silva said he wanted to find a diplomatic solution to U.S. President Donald Trump’s threat of 50% tariffs on Brazilian exports, but vowed to reciprocate like-for-like if they take effect on Aug. 1.
President Donald Trump said on Wednesday that the U.S. would impose a 50% tariff on all imports from Brazil after a public spat this week with his Brazilian counterpart who called him an unwanted "emperor." In a letter, Trump linked the tariffs to Brazil's treatment of former President Jair Bolsonaro…
President Donald Trump singled out Brazil for import taxes of 50% on Wednesday for its treatment of its former president, Jair Bolsonaro, showing that personal grudges rather than simple economics ...