Kaiyuan Macro: Trump Imposes 50% Tariffs on Brazil, Political Motives Attract Attention.

William Jackson, chief economist of Kaitou Macro, pointed out in a report that countries that have had friction with the Trump administration are closely monitoring Washington's decision to impose a 50% tariff on imports from Brazil. In a letter, Trump explained this high tariff by mentioning that the Brazilian government is taking legal action against former President Bolsonaro, indicating that the decision is more politically motivated rather than based on economic factors. This non-economic tariff measure makes it harder for Brazil to avoid tariffs through trade concessions. Other countries may take note of this, as Trump seems willing to use tariffs as a weapon in disputes unrelated to trade. Colombia is one country that deserves special attention in this regard.