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Trump’s Brazil tariffs point more to his enduring bond with far-right Bolsonaro than economic concerns
The only economic rationale mentioned in Trump’s letter, that of a deficit that his country is said to face with Brazil, is belied by the numbers. The U.S. has sustained consistent surpluses in trade with the South American nation for close to two decades now.
President Trump vowed to impose 50% tariffs on imports from Brazil, citing a "witch hunt" of Brazil's former president.
National Economic Council Director Kevin Hassett defended Donald Trump’s newly unveiled 50% tariff against Brazil on ABC News ...
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