Reported 2 days ago
Former President Donald Trump has warned Brazil of imposing a hefty 50% tariff on imports starting August 1 unless the country halts its trial against former President Jair Bolsonaro, whom Trump claims is a victim of a 'witch hunt.' Brazilian President Luiz Inácio Lula da Silva responded firmly, asserting Brazil's sovereignty and vowing to retaliate against any unilateral tariff measures. This potential tariff comes amid a broader series of Trump-led tariff threats against various countries, all tied to trade agreements and policies he deems unfavorable.
Source: YAHOO