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France 24

Protests in Sao Paulo after Trump threatens 50% levy

France 24 · Recent
France 24
France 24
Recent

Brazilian President Luiz Inácio Lula da Silva said that he will impose retaliatory tariffs on the United States if Trump follows through on a pledge to boost import taxes by 50% over the South American country's criminal trial against his predecessor, Jair Bolsonaro.

BreakdownGenerated by LeadStory AI
  • Protesters in Brazil denounce the US president's plan for a 50% import tariff. 8s
  • Donald Trump accuses President Lula of holding a sham trial against Jair Bolsonaro. 41s
  • Brazil is a major US trading partner, supplying key goods like coffee and orange juice. 1m 2s
  • Brazilian exporters warn the tariffs could raise prices for US consumers. 1m 12s
  • President Lula says he is open to negotiations but may impose retaliatory tariffs. 1m 35s
ProtestsEconomyForeign Affairs