Additional 25% tariffs imposed by Trump on India
The U.S. President signed the related executive order
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