Another blow for Brazil! US slaps 50% tariff to safeguard American interests; cites Bolsonaro’s prosecution as economic emergency
US President Donald Trump on Wednesday signed an executive order enforcing his earlier threat to impose 50% tariffs on Brazil, citing the need to safeguard US interests. The order invokes a 1977 law, arguing that Brazil’s policies and the criminal prosecution of former President Jair Bolsonaro amount to an economic emergency.The tariffs come on top…
