The Trump administration has launched a trade investigation into Brazil, accusing it of unfair policies targeting US businesses. The probe will examine digital trade restrictions, preferential tariffs, and weak enforcement of intellectual property rights, according to Firstpost.
US President Trump also criticized Brazil’s prosecution of former leader Jair Bolsonaro, calling it a “witch hunt,” and announced a 50 percent tariff on Brazilian imports starting August 1. Brazil’s President Lula has pledged to match any US tariff hikes.
Last year, US–Brazil trade hit $90bn, with Washington reporting a $7.4bn surplus.
