Trump targets Brazil with a 50% tariff
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President Donald Trump extended his "Liberation Day" tariff pause and sent letters to trading partners announcing new tariff rates for Aug. 1.
US President Donald Trump announced new tariffs of at least 25% on most goods imported from 14 nations, including Japan and South Korea, effective August 1. These tariffs are part of his “Make America Wealthy Again” initiative,
Trump announced the United States would impose new tariffs on imports from several additional countries as part of his drive to reduce the trade deficit and promote fair trade.
President Trump is again amping up his trade threats, unveiling a new batch of letters to country leaders outlining tariffs on goods imported from their countries beginning in August. The highlight of his letter barrage late Wednesday was his announcement of a coming 50% tariff on goods from Brazil in a letter sent to its president,
The president’s tariff announcements suggest he has not backed away from his initial strategy, where even smaller trading partners will face tariffs.
By Jarrett Renshaw, Bhargav Acharya and Cassandra Garrison WASHINGTON/MEXICO CITY (Reuters) -President Donald Trump on Saturday threatened to impose a 30% tariff on imports from Mexico and the European Union starting on August 1,
Simple guide to Trump’s new tariffs on Brazil, Japan, Iraq, and others. Learn rates, deadlines, and impacts on prices and trade. Updated for July 2025.
US President Donald Trump on Thursday said he was considering imposing a 15 or 20 per cent blanket tariff on countries that had not yet received specific notifications, effective August 1.