President Trump threatens to impose 50% tariffs on Brazil in his latest round of letters.

In his latest round of letters, President Trump threatening to impose 50% tariffs on Brazilian goods, citing what he says are unfair trade practices and the persecution, in his words, of Brazil's former president, Jaier Bolsinaro. Unlike many other countries that have been threatened with tariff hikes, the US runs a trade surplus with Brazil and has for many years. President Trump surprised a lot of folks with a 50% tariff threat on Brazil over this trial of its former president.The current Brazilian presid ...