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WASHINGTON: President Donald Trump said on Wednesday his administration will charge Brazil with a 50% tariff on products sent to the U.S. starting August 1 whilethe Republican leader also expressed support for former Brazilian President Jair Bolsonaro.
Trump made his comments in a letter to Brazilian President Luiz Inacio Lula da Silva.
Trump threatens extra 10% tariffs on BRICS as leaders meet in Brazil
The U.S. president has also been critical of the BRICS countries, of which Brazil is a key part.
Trump’s letter said the 50% tariff will be separate from all sectoral tariffs.