Trump’s 50% levy on Brazil shows world nothing is off limits

  • Posted on July 10, 2025
  • By Business News Today
  • 3 Views
Trump’s 50% levy on Brazil shows world nothing is off limits

Donald Trump threatened Brazil with a 50% tariff, demanding the country drop charges against former President Jair Bolsonaro. This unprecedented move, using trade policy for political interference, drew strong condemnation from Brazil's President Lula, who vowed retaliation. The threat shook markets and raised concerns about the reliability of trade agreements under Trump's administration.
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