Brazil’s President forcefully rebuked Trump after the U.S. leader called the prosecution of Lula’s predecessor, Bolsonaro, a “witch hunt” and hiked tariffs on the Latin American nation.

Brazil downplays effects of US tariffs proposed by President Trump, as leaders signal a cautious willingness to negotiate. Brazil predicts minimal economic impact, despite concerns from exporters. Trump justifies tariffs amidst controversial legal proceedings against former President Bolsonaro.

Brazilian President Luiz Inácio Lula da Silva on Wednesday vowed to hit back at Donald Trump’s new 50% tariffs on Brazilian imports, citing the country’s Economic Reciprocity Law.

The US president's threatened new tariffs on Brazil are likely to have major political ramifications in the country.

President Donald Trump singled out Brazil for import taxes of 50% on Wednesday for its treatment of its former president, Jair Bolsonaro, showing