{"id":419,"date":"2025-07-10T16:57:45","date_gmt":"2025-07-10T16:57:45","guid":{"rendered":"https:\/\/tona.today\/?p=419"},"modified":"2025-07-10T16:57:46","modified_gmt":"2025-07-10T16:57:46","slug":"brazil-vows-to-match-us-tariffs-after-trump-threatens-50-levy","status":"publish","type":"post","link":"https:\/\/tona.today\/?p=419","title":{"rendered":"Brazil vows to match US tariffs after Trump threatens 50% levy"},"content":{"rendered":"\n<p>Brazilian President Luiz In\u00e1cio Lula da Silva has said he is ready to match any tariffs imposed on Brazil by the United States.<\/p>\n\n\n\n<p>Lula was responding to Wednesday&#8217;s threat by his US counterpart, Donald Trump, to\u00a0impose a 50% import tax on Brazilian goods from 1 August.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"Yemi Alade - Tomorrow (Official Music Video)\" width=\"980\" height=\"551\" src=\"https:\/\/www.youtube.com\/embed\/G4u2yMsPdG8?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n\n\n<p>In a letter, Trump cited Brazil&#8217;s treatment of former President Jair Bolsonaro as a trigger for tariff-hike.<\/p>\n\n\n\n<p>Bolsonaro is currently on trial for allegedly attempting to stage a coup against Lula after being defeated by him in the 2022 election.<\/p>\n\n\n\n<p>Trump referred to Bolsonaro as &#8220;a highly respected leader throughout the world&#8221;. &#8220;This Trial should not be taking place,&#8221; he wrote, calling on Brazil to immediately end the &#8220;witch hunt&#8221; against the former president.<\/p>\n\n\n\n<p>Trump&#8217;s support for Bolsonaro does not come as a surprise as the two men have long been considered allies.<\/p>\n\n\n\n<p>The US president had already slammed Brazil for its treatment of Bolsonaro on Monday, comparing it to the legal cases he himself had faced in US courts.<\/p>\n\n\n\n<p>The 50% tariff threat was met with a robust and lengthy response by President Lula.<\/p>\n\n\n\n<p>In a post on X, he stressed that Brazil was &#8220;a sovereign country with independent institutions and will not accept any tutelage&#8221;.<\/p>\n\n\n\n<p>The Brazilian leader also announced that &#8220;any unilateral tariff increases&#8221; would be met with reciprocal tariffs imposed on US goods.<\/p>\n\n\n\n<p>The US is Brazil&#8217;s second-largest trade partner after China, so the hike from a tariff rate of 10% to an eye-watering 50% &#8211; if it comes into force &#8211; would hit the South American nation hard.<\/p>\n\n\n\n<p>But Lula also made a point of challenging Trump&#8217;s assertion that the US had a trade deficit with Brazil, calling it &#8220;inaccurate&#8221;.<\/p>\n\n\n\n<p>Lula&#8217;s rebuttal is backed up by US government data, which suggests the US had a goods trade surplus with Brazil of $7.4bn (\u00a35.4bn) in 2024.<\/p>\n\n\n\n<p>Brazil is the US&#8217;s 15th largest trading partner and among its main imports from the US are mineral fuels, aircraft and machinery.<\/p>\n\n\n\n<p>For its part, the US imports gas and petroleum, iron, and coffee from Brazil.<\/p>\n\n\n\n<p>Brazil was not the only country Trump threatened with higher tariffs on Wednesday.<\/p>\n\n\n\n<p>Japan, South Korea and Sri Lanka were among 22 nations which received letters warning of higher levies.<\/p>\n\n\n\n<p>But the letter Trump sent to his Brazilian counterpart was the only one focussing matters beyond alleged trade deficits.<\/p>\n\n\n\n<p>As well as denouncing the treatment of ex-President Bolsonaro, Trump slammed what he said were &#8220;secret and unlawful censorship orders to US social media platforms&#8221; which he said Brazil had imposed.<\/p>\n\n\n\n<p>Trump Media, which operates the US president&#8217;s Truth Social platform and is majority-owned by him, is among the US tech companies fighting Brazilian court rulings over orders suspending social media accounts.<\/p>\n\n\n\n<p>Lula fought back on that front too, justifying the rulings by arguing that &#8220;Brazilian society rejects hateful content, racism, child pornography, scams, fraud, and speeches against human rights and democratic freedom&#8221;. <a href=\"https:\/\/www.bbc.com\/news\/articles\/c62dvyv60z7o\">(BBC)<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Brazilian President Luiz In\u00e1cio Lula da Silva has said he is ready to match any tariffs imposed on Brazil by the United States. Lula was responding to Wednesday&#8217;s threat by his US counterpart, Donald Trump, to\u00a0impose a 50% import tax on Brazilian goods from 1 August. In a letter, Trump cited Brazil&#8217;s treatment of former [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":420,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18],"tags":[66,55,575,574,57],"class_list":["post-419","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-foreign","tag-brazil","tag-donald-trump","tag-jair-bolsonaro","tag-luiz-inacio-lula-da-silva-2","tag-united-states"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Brazil vows to match US tariffs after Trump threatens 50% levy - Tona Today<\/title>\n<meta name=\"description\" content=\"Brazilian President Luiz In\u00e1cio Lula da Silva has said he is ready to match any tariffs imposed on Brazil by the United States.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tona.today\/?p=419\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Brazil vows to match US tariffs after Trump threatens 50% levy - 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