What to Know
- Trump accused the Brazilian government of “insidious attacks on Free Elections, and the fundamental Free Speech Rights of Americans” including censorship of “U.S. Social Media platforms.”
- Lula responded in a post on X Wednesday, calling Trump’s claim about a trade deficit “inaccurate,” and saying that any increased tariffs “will be addressed in accordance with Brazil’s Economic Reciprocity Law.”
- Trump threatened even higher tariffs against Brazil if it chooses to retaliate.
- Trump also said he would soon announce tariffs “at a very, very high rate, like 200%,” on pharmaceutical imports.
- The Secret Service suspended six people without pay after the assassination attempt on President Donald Trump last July, an official with the agency told NBC News.
In a statement late Wednesday, President Donald Trump announced plans to impose a 50% tariff on Brazil starting August 1. The 50% rate is by far the highest tariff Trump has slapped on any nation so far this week as he rolls out dozens of letters on his social media platforms. Follow along for live updates.
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