Brazil hits back at Trump’s 50% tariff
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Trump pledged to impose tariffs on Brazil at a rate as high as 50%. He accused the country of "attacks" on US tech companies and of conducting a "witch hunt" against the far-right former President Jair Bolsonaro, a longstanding ally who is facing prosecution over his alleged role in a plot to overturn the 2022 Brazilian election.
President Donald Trump has been talking about using tariffs to get the Brazil Supreme Court to drop charges against the country's former leader, President Jair
As Brazil's Luiz Inacio Lula da Silva and Donald Trump trade blows, the person they are fighting over has sent mixed signals to investors trying to divine who will blink first.
The fight is rooted in years of political history between President Trump and the last two presidents of Brazil.
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Mediaite on MSN‘LEAVE BOLSONARO ALONE!’ Trump Demands Charges Be Dropped Against Another Friendly World LeaderTrump defended former Brazilian President Jair Bolsonaro in a Truth Social post Monday, calling for the Brazilian Supreme Court currently trying the president to "LEAVE BOLSONARO ALONE!"
President Luiz Inacio Lula da Silva insisted Brazil can survive without trade with the US and will look to other partners to replace it, a sharp response to Donald Trump after the American leader threatened 50% tariffs against the nation.