logo
Trump slaps 50% tariffs on Brazil over Bolsonaro trial; Lula responds

Trump slaps 50% tariffs on Brazil over Bolsonaro trial; Lula responds

Fibre2Fashion4 days ago
US President Donald Trump has imposed sweeping new tariffs on Brazil, citing grievances over the treatment of President Jair Bolsonaro and alleged censorship actions by Brazil's Supreme Court. In a sharply worded letter addressed to Brazilian President Luiz Inácio Lula da Silva, Trump announced that, effective August 1, 2025, all Brazilian exports to the US would face a flat 50 per cent tariff—separate from existing sectoral tariffs.
Trump called Bolsonaro a 'Highly Respected Leader' and condemned the ongoing legal proceedings against him as 'a Witch Hunt', demanding the trial end immediately. He also accused Brazil of undermining free elections and targeting free speech, pointing to secret censorship orders allegedly sent by the Brazilian Supreme Court to US-based social media platforms.
Trump has announced a 50 per cent tariff on all Brazilian exports to the US from August 1, 2025, citing the trial of President Jair Bolsonaro and alleged censorship by Brazil's Supreme Court. In response, Brazilian President Luiz Inácio Lula da Silva defended Brazil's sovereignty and judicial independence, calling the claims false and warning of reciprocal measures if tariffs are unilaterally imposed.
'These censorship orders threaten platforms with millions in fines and eviction from the Brazilian market,' Trump wrote. 'We must move away from a trade relationship that has long been unfair and non-reciprocal.'
Trump clarified that the tariffs would not apply to Brazilian companies that establish production operations within the US.
In a firm response, President Lula reaffirmed Brazil's sovereignty and judicial independence. 'Brazil will not accept any form of tutelage,' he stated. 'The judicial proceedings fall exclusively under the jurisdiction of Brazil's institutions.'
Lula rejected Trump's claims of a trade imbalance, noting that US government data reflects a $410 billion surplus in its trade with Brazil over the past 15 years. He also defended Brazil's digital regulation efforts, stressing that freedom of expression must not be conflated with hate speech or illegal content.
Lula concluded by warning that any unilateral US tariff hikes would be met under Brazil's Economic Reciprocity Law, asserting that 'sovereignty, respect, and the unwavering defense of the interests of the Brazilian people' will guide its international stance.
Fibre2Fashion News Desk (KD)
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

'He'll Talk So Nicely, Then Bomb People At Night...,' Trump Calls Out Putin's Hypocrisy
'He'll Talk So Nicely, Then Bomb People At Night...,' Trump Calls Out Putin's Hypocrisy

News18

time19 minutes ago

  • News18

'He'll Talk So Nicely, Then Bomb People At Night...,' Trump Calls Out Putin's Hypocrisy

'He'll Talk So Nicely, Then Bomb People At Night...,' Trump Calls Out Putin's Hypocrisy | News18 Last Updated: Videos World | 'He'll talk so nicely, then bomb people at night...,' calls out 's hypocrisy 'I am very disappointed with President Putin. I thought he was somebody that meant what he said, and he'll talk so beautifully and then he'll bomb people at night. We don't like that,' the president told reporters at Joint Base Andrews on Sunday after returning from the FIFA Club World Cup final. n18oc_worldNews18 Mobile App -

Oil edges up, investors eye Trump statement on Russia
Oil edges up, investors eye Trump statement on Russia

Time of India

time23 minutes ago

  • Time of India

Oil edges up, investors eye Trump statement on Russia

Oil prices nudged higher on Monday, adding to gains of more than 2 per cent from Friday, as investors eyed further U.S. sanctions on Russia that may affect global supplies, but a ramp-up in Saudi output and ongoing tariff uncertainty limited gains. Brent crude futures rose 8 cents to $70.44 a barrel by 0011 GMT, extending a 2.51 per cent gain on Friday. US West Texas Intermediate crude futures climbed to $68.50, up 5 cents, after settling 2.82 per cent higher in the previous session. US President Donald Trump said on Sunday that he will send Patriot air defence missiles to Ukraine. He is due to make a "major statement" on Russia on Monday. Trump has expressed frustration with Russian President Vladimir Putin due to the lack of progress in ending the war in Ukraine and Russia's intensifying bombardment of Ukrainian cities. In a bid to pressure Moscow into good-faith peace negotiations with Ukraine, a bipartisan US bill that would hit Russia with sanctions gained momentum last week in Congress, but it still awaits support from Trump. European Union envoys are on the verge of agreeing an 18th package of sanctions against Russia that would include a lower price cap on Russian oil, four EU sources said after a Sunday meeting. Last week, Brent rose 3 per cent, while WTI had a weekly gain of around 2.2 per cent, after the International Energy Agency said the global oil market may be tighter than it appears, with demand supported by peak summer refinery runs to meet travel and power generation. However, ANZ analysts said price gains were limited by data showing Saudi Arabia lifted oil output above its quota under the Organization of the Petroleum Exporting Countries and allies' supply agreement. The IEA said that Saudi Arabia exceeded its oil output target for June by 430,000 barrels per day to reach 9.8 million bpd, compared with the kingdom's implied OPEC+ target of 9.37 million bpd. Saudi Arabia's energy ministry said on Friday the kingdom had been fully compliant with its voluntary OPEC+ output target, adding that Saudi marketed crude supply in June was 9.352 million bpd, in line with the agreed quota. Elsewhere, the release of China's preliminary commodity trade data later on Monday should highlight any ongoing signs of weaker demand, ANZ said in a note. Investors are also eyeing the outcome of US tariff talks with key trading partners that could impact global economic growth and fuel demand.

'Talks beautifully, and then bombs people at night': Donald Trump calls out Vladimir Putin; sanctions on Russia in the works?
'Talks beautifully, and then bombs people at night': Donald Trump calls out Vladimir Putin; sanctions on Russia in the works?

Time of India

time23 minutes ago

  • Time of India

'Talks beautifully, and then bombs people at night': Donald Trump calls out Vladimir Putin; sanctions on Russia in the works?

US President Donald Trump on Sunday delivered a sharp rebuke to Russian President Vladimir Putin over Moscow's continued attacks on Ukraine. Responding to the reporters, Trump said, "I am very disappointed with President Putin. I thought he was somebody that meant what he said. And he'll talk so beautifully and then he'll bomb people at night. We don't like that." Major airstrike by Russia His remarks came after Russia launched its fourth major airstrike this month, targeting several western Ukrainian cities. According to Ukrainian President Volodymyr Zelenskyy , the Russian assault involved 597 drones and 26 missiles, killing two people, injuring 20, and damaging civilian infrastructure from Kharkiv and Sumy in the northeast to Lviv, Lutsk, and Chernivtsi in the west. Sanctions on Russia? Asked whether the US would impose sanctions on Russia, Trump replied, "We're going to see what we will see tomorrow. Okay. We have the secretary general. As you know, Europe has announced sanctions. But I am very disappointed with President Putin." A bipartisan group of US senators is pushing a sanctions bill that would give Trump broad powers to hit Russia with what they call "sledgehammer" measures. While Trump has so far held off, hoping to convince Putin to end the war through diplomacy, recent developments suggest his position may be shifting. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Is it legal? How to get Internet without paying a subscription? Techno Mag Learn More Undo During a cabinet meeting, he said, "I'm looking at it very strongly." A major announcement is expected Monday, when Trump will address the Russia situation and meet NATO Secretary General Mark Rutte in Washington. At the same time, US special envoy Keith Kellogg will begin a new visit to Ukraine. US will send Patriot air defense systems to Ukraine Trump also confirmed that the United States will send Patriot air defense systems to Kyiv. "We will send them Patriots, which they desperately need," he said. "I haven't agreed on the number yet, but they're going to have some because they do need protection." This marks a reversal from the White House's earlier consideration to pause some arms deliveries. A new deal is now in the works that would involve Nato paying the US for the weapons sent to Ukraine. "We basically are going to send them various pieces of very sophisticated military and they're going to pay us 100 percent for them," Trump said. "It'll be business for us." With the war in Ukraine now stretching into its fourth year and Russian strikes intensifying, Trump's latest statements suggest a possible turning point, combining military support, diplomatic pressure, and the looming threat of economic sanctions against Moscow.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store