Brazilian Seafood Exports to US in Jeopardy After New 50% Tariff
United States President Donald Trump placed 50% tariffs on Brazil starting on August 1 as Trump criticized the country’s handling of former President Jair Bolsonaro in a letter.
Brazil’s letter is the most recent that Trump sent to 22 US trading partners so far this week, as Expana covered. While the rest of the letters were largely identical, the letter to Brazilian leadership was unique as Trump cited a “witch hunt” against Bolsonaro, per Expana’s Ryan Gallagher.
From a seafood perspective, Brazil ranks in the top 20...
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