Trump strikes hard against Brazil, announcing a 50% tariff on its goods.

According to the Zhitong Financial APP, US President Trump announced on Wednesday that starting from August 1, the United States will impose import tariffs of up to 50% on goods from Brazil. This tariff rate is much higher than the 25% to 40% range he announced this week for 21 other countries. This decision has caught the Brazilian government off guard and has also attracted international attention.