Trump hits Brazil with 50% tariffs
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The president signaled he would seek to use the threat of steep levies to reorient trade and protect his political allies.
In geopolitics, fortune favors the patient opportunist. Tariffs designed to isolate one partner often bind that partner more tightly to another.
Critics say the tariff on Brazil could further erode the Trump administration's credibility as it pursues an aggressive trade agenda.
Trump’s move deepens a rift between two North American countries that have suffered a debilitating blow to their decades-old alliance.
Markets hit record highs despite new Trump tariffs on Canada, Brazil, and EU. Earnings season begins, with volatility ticking up and investors watching guidance closely.
Explore our tariff tracker to see the latest rates for Brazil and seven other nations impacted by Trump's new trade policies.