The Brazilian government is contemplating reciprocal measures after Trump imposed a 50% tariff on Brazil, citing national security related to the prosecution of former president Jair Bolsonaro. Trump described the trial as a 'witch hunt' and an 'international disgrace' in a letter to Brazil's president, Lula. The US is Brazil's second largest trading partner, with significant trade in coffee, orange juice, sugar, beef, and ethanol. Brazilian Finance Minister Fernando Haddad criticized the tariffs as 'unsustainable' and reaffirmed the country's diplomatic efforts for a solution with the US.
Trump announced a 50% tariff on Brazil in response to the prosecution of former president Jair Bolsonaro, labeling the charges a 'witch hunt' and an 'international disgrace.'
Brazil's Finance Minister Fernando Haddad called the tariffs 'unsustainable' and emphasized Brazilian diplomacy has always aimed for greater partnership and understanding with the US.
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