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HomeWorldTrump says US will charge Brazil with 50% tariff

Trump says US will charge Brazil with 50% tariff

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WASHINGTON (Reuters) -President Donald Trump said on Wednesday his administration will charge Brazil with a 50% tariff on products sent to the U.S. starting August 1 while the Republican leader also expressed support for former Brazilian President Jair Bolsonaro.

Trump made his comments in a letter to Brazilian President Luiz Inacio Lula da Silva. The U.S. president has also been critical of the BRICS countries, of which Brazil is a key part.

Trump’s letter said the 50% tariff will be separate from all sectoral tariffs.

(Reporting by Kanishka Singh And Ismail Shakil)

Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibility for its content.

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