💨 Abstract

In a letter to President Luiz Inacio Lula da Silva, President Donald Trump announced a 50% tariff on Brazilian products sent to the U.S., starting August 1. Trump also expressed support for former Brazilian President Jair Bolsonaro and criticized BRICS countries, including Brazil. The tariff will be in addition to existing sectoral tariffs. This report was auto-generated from the Reuters news service.

Courtesy: theprint.in