Brazil, Donald Trump and Bolsonaro
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Critics say the tariff on Brazil could further erode the Trump administration's credibility as it pursues an aggressive trade agenda.
12hon MSN
One of the highest tariffs threatened by President Trump so far is against Brazil, with the president citing a criminal prosecution against Jair Bolsonaro.
Copper futures rose dramatically following President Trump's plan for a 50% import tariff, pushing domestic prices to a 25% premium over global markets amid growing demand.
President Trump this week has been firing off letters to global leaders that threaten new, high tariff rates and also announcing them via social media. Here's what has happened so far.