Trump threatens Brazil with 50% tariff over Bolsonaro trial

US President Donald Trump stated he was planning to impose a 50% tax on items made in Brazil, escalating his battle with the South American nation.He introduced the plan in his newest tariff letter, shared on social media, accusing Brazil of “assaults” on US tech corporations and conducting a “witch hunt” in opposition to former far-right president Jair Bolsonaro, who’s dealing with prosecution over his position making an attempt to overturn the 2022 election.Trump had already sparred with Brazilian president Luiz Inácio Lula da Silva over Bolsonaro’s trial earlier this week. On the time, President Lula stated Brazil wouldn’t settle for “interference” from anybody and added: “Nobody is above the regulation.”Trump has posted 22 letters to international locations around the globe this week, together with commerce companions comparable to Japan, South Korea and Sri Lanka, outlining new tariffs on their items he says will come into power on 1 August.The strikes have largely served to revive plans he had put ahead in April however that had been placed on maintain after monetary markets recoiled on the measures. However the message to Brazil was a much more focused missive and threatened a major enhance from the ten% price the White Home had beforehand introduced.