Trump hits Brazil with 50% tariff
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The fight is rooted in years of political history between President Trump and the last two presidents of Brazil.
Both Trump and Bolsonaro are right-wing populists who lost re-election bids and faced criminal charges after leaving office. Both presidents experienced similar post-election unrest with supporters attacking government buildings.
President Donald Trump is threatening to impose 50% tariffs on Brazilian imports — a move that could spike prices of breakfast staples like coffee and orange juice.
The president signaled he would seek to use the threat of steep levies to reorient trade and protect his political allies.
President Trump's announcement that the U.S. will stick a 50% tariff on Brazilian goods whacked some of the country's
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Shares of Brazilian planemaker Embraer fell sharply on Thursday after U.S. President Donald Trump said he would impose a 50% tariff on all imports from the South American country.
1don MSN
President Donald Trump sent out tariff letters to seven smaller U.S. trading partners on Wednesday with a pledge to announce import taxes on other countries later in the day. None of the countries targeted in the first batch of letters — the Philippines,
The right-wing former president and dozens of others are on trial for allegedly trying to steal the most recent election and assassinate President