Not even close.
Posted on 07/09/2025 2:45:03 PM PDT by DFG
President Trump is again amping up his trade threats, unveiling a new batch of letters to country leaders outlining tariffs on goods imported from their countries beginning in August.
The highlight of his letter barrage late Wednesday was his announcement of a coming 50% tariff on goods from Brazil in a letter sent to its president, Luiz Inácio Lula da Silva. Trump cited the country's treatment of former President Jair Bolsonaro, who is on trial in Brazil’s Supreme Court on charges that he plotted a coup in 2022.
"This Trial should not be taking place," Trump said. "It is a Witch Hunt that should end IMMEDIATELY!"
Trump earlier on Wednesday had dictated coming tariff rates to the leaders of the Philippines, Brunei, Moldova, Algeria, Iraq, Sri Lanka, and Libya. Those tariffs ranged from 20% to 30% and came in mostly in line with the duties he had announced on those countries' imports back in April's "Liberation Day" event.
Trump had posted 14 letters to countries on Monday, including South Africa, Malaysia, and Thailand, outlining tariffs ranging from 25% to 40%.
Meanwhile, Trump injected fresh uncertainty into another metal market this week after saying he would impose 50% tariffs on copper imports to the US, matching duties on aluminum and steel. He also suggested tariffs as high as 200% on pharmaceuticals. On Wednesday, COMEX copper (HG=F) futures fell over 3% after initially jumping on Trump's announcement.
Elsewhere, China warned Trump on Tuesday against restarting trade tensions and that it would hit back at countries that make deals with the US to exclude China from supply chains.
(Excerpt) Read more at finance.yahoo.com ...
By that logic, from 2021 to 2024 nations should have tariffed us for what the Brandon administration was doing to former president Trump.
I thought we were done with state making
What the leftists in Brazil are doing is terrible
However offering Bolsonaro a haven here would be best
Breaking the economic back of a commie regime in our neighborhood while collecting tariffs works for me. Eff commies everywhere. Always.
France and Germany Deep States are busy eliminating their opposition.
Just sayin’.
That would have been helpful.
I am happy to non-militarily screw with socialist countries, via tariffs.
If there’s one country I hope he breaks, it’s Brazil. They need to learn a lesson.
Absolutely!
Good! This was a CIA/State/USAID color revolution and stolen election.
THE WHOLE WORLD HAS BEEN TAKING ADVANTAGE OF US!
Tax Canada for the smoke their wildfires are sickening Americans
Country Coffee Imports from Brazil (2020)
United States 1.3 million bags
Germany 943,000 bags
Japan 634,000 bags
Brazil is one of largest farmland owners in America. China and Brazil own a majority share of food processing plants in this country too.
Not even close.
You and every other deep state freak.
Yes. I am deep state and you will bow to me. You are my dog!
Re: 15 - I’ve warned you before about facts.
Knock. It. Off.
Justice!
The international commies must pay!
I believe a lot of cheap beef in imported here from Brazil.... we aren’t getting Argentine Asada..
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