10-07-2025

Trump Threatens 50% Tariff on Brazil

Date: 10-07-2025
Sources: bbc.com: 1 | cnbc.com: 2 | edition.cnn.com: 1 | nytimes.com: 1 | scmp.com: 1 | theguardian.com: 1
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Image Source:

Source: scmp.com

Image content: The image depicts Donald Trump, the 45th President of the United States. He is wearing a blue suit jacket, white shirt, and red tie with blue stripes, and has short white hair. The background is blurred, but appears to be a room with flags or banners, suggesting that he may be speaking at an event or press conference.

Summary

US President Donald Trump has threatened to impose a 50% tariff on goods made in Brazil, escalating a trade dispute and criticizing Brazil's judicial system for prosecuting former President Jair Bolsonaro. The move has sparked fears of exacerbating inflation in the US and prompted Brazilian President Luiz Inácio Lula da Silva to warn of reciprocal tariffs. Trump has also imposed tariffs on several other countries, including Mexico and the Philippines, as part of a broader trade war.

Key Points

  • US President Donald Trump threatens 50% tariff on Brazilian goods
  • Tariffs imposed on several countries, including Brazil, Mexico, and the Philippines
  • Trump criticizes Brazil's judicial system for prosecuting former President Jair Bolsonaro
  • Brazilian President Luiz Inácio Lula da Silva warns of reciprocal tariffs
  • Tariffs spark fears of exacerbating inflation in the US

Articles in this Cluster

Trump threatens Brazil with 50% tariff over Bolsonaro trialBritish Broadcasting CorporationBritish Broadcasting Corporation

US President Donald Trump has threatened to impose a 50% tariff on goods made in Brazil, escalating a trade dispute and criticizing Brazil's judicial system for prosecuting former President Jair Bolsonaro. Trump accused Brazil of 'attacks' on US tech companies and conducting a 'witch hunt' against Bolsonaro. Brazilian President Luiz Inácio Lula da Silva responded by warning of reciprocal tariffs and rejecting interference in Brazil's judicial system.
Entities: Donald Trump, Jair Bolsonaro, Luiz Inácio Lula da Silva, Brazil, United StatesTone: positiveSentiment: negativeIntent: inform

CNBC Daily Open: More tariff letters, but investors focus on AI

US President Donald Trump announced new tariffs on several countries, including Brazil, Mexico, and the Philippines. Despite this, US stocks rose as investors focused on artificial intelligence, with Nvidia's market capitalization briefly touching $4 trillion. The Nasdaq Composite closed at a new record high. Meanwhile, Starbucks China drew bids of up to $10 billion, and most Fed officials saw rate cuts coming.
Entities: Donald Trump, US, China, Nvidia, Artificial IntelligenceTone: neutralSentiment: neutralIntent: inform

Stock market today: Live updates

The article provides live updates on the stock market, focusing on the impact of President Donald Trump's announcement of a 50% tariff on Brazil. The S&P 500 futures slipped early Thursday, while the Nasdaq 100 futures fell 0.29%. The Dow Jones Industrial Average futures were down 107 points. The tariff announcement was made in retaliation for the trial against former Brazilian President Jair Bolsonaro and due to the 'unfair trade relationship' with Brazil. The article also highlights the performance of various stocks, including Nvidia, which briefly reached a $4 trillion market capitalization, and Bitcoin, which hit a fresh record above $112,000.
Entities: Donald Trump, Brazil, Jair Bolsonaro, S&P 500, Nasdaq 100Tone: neutralSentiment: negativeIntent: inform

Trump is threatening tariffs on BRICS. What’s got him so worried? | CNN BusinessClose icon

US President Donald Trump has threatened to impose 10% tariffs on goods imported from BRICS countries, a group of emerging economies backed by China and Russia. Trump's move is seen as a response to the group's growing influence and its potential to challenge the US dollar's dominance in global finance. BRICS countries are exploring alternatives to the US dollar for trade and have discussed a 'cross-border payments initiative' that could potentially bypass the SWIFT inter-bank network. Trump's tariffs threat is part of a broader trade war, and his concerns about BRICS are driven by the group's expanding membership and its potential to counter US power.
Entities: Donald Trump, BRICS, China, Russia, US dollarTone: analyticalSentiment: neutralIntent: inform

Targeting Brazil, Trump Tests Legal Limit of His Tariff Powers - The New York Times

President Trump threatened to impose a 50% tariff on Brazilian exports to the US, citing Brazil's treatment of former President Jair Bolsonaro, raising questions about the legality of using tariffs for political objectives. Legal experts argue that Trump's actions may exceed his authority under US trade law, potentially leading to further legal challenges.
Entities: Donald Trump, Brazil, Jair Bolsonaro, United States, Luiz Inácio Lula da SilvaTone: analyticalSentiment: negativeIntent: inform

US Economy, Trade & Business: Latest News and Updates | South China Morning Post

The article covers various news updates related to the US economy, trade, and business, with a focus on the ongoing trade tensions between the US and China. Key developments include the US imposing new tariffs on several countries, including Brazil and China, and the potential impact on global supply chains. Other news includes the surge in Bitcoin's value, SpaceX's planned share sale, and China's dominance in rare earth elements.
Entities: US, China, Donald Trump, Brazil, SpaceXTone: analyticalSentiment: negativeIntent: inform

Trump announces 50% tariff on Brazil, citing a ‘witch-hunt’ against Bolsonaro | Trump tariffs | The Guardian

US President Donald Trump announced a 50% tariff on Brazilian imports, citing a 'witch-hunt' against former Brazilian President Jair Bolsonaro. Trump also imposed tariffs on seven other countries, including the Philippines, Brunei, and Moldova. Brazil's President Luiz Inácio Lula da Silva rejected Trump's demands, stating that Brazil is a sovereign nation and will not accept interference in its judicial affairs. The tariffs have heightened fears of exacerbating inflation in the US.
Entities: Donald Trump, Jair Bolsonaro, Luiz Inácio Lula da Silva, Brazil, United StatesTone: negativeSentiment: negativeIntent: inform