50% US tariffs on many imported Brazilian products now in force
In retaliation for the persecution of Bolsonaro, the US president imposes customs duties on key Brazilian products - Lula calls it an American attack on "national sovereignty"
Trump issued instructions for the implementation of the new tariffs – Exemptions, deadlines and the risk of cost increases
Overall, the average US tariff is estimated to rise to 15.2% if the new rates are implemented as announced - This rate was only 2.3% in 2024, before Trump took office
Trump’s tariffs: Switzerland says it is ready to present a good trade proposal to the US
The Swiss government seeks to de-escalate tensions after the Trump administration imposes additional 39% tariffs