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 ...

Megan Cassella joins us now from Washington. Megan, what are you learning about the threat and about what's behind it. Hey guys, good morning.So, a lot to unpack here. This tariff letter to Brazil was the 22nd letter the president sent to a trading partner this week, but this one was strikingly different from the others. The 50% tariff for one is the steepest that we've seen threatened so far against any trading partner.The president says he's also directing his US trade representative to open a section 301 ...

Trump majorly upped the ante in this latest round of his trade war. He sent a letter to the Brazilian government saying that on August 1st they will be charged a 50% tariff on all of their exports that go to the US. This would majorly disrupt if not decouple um a trading relationship with a nation that was the 16th largest US trading partner.Brazil as an example has been not good to us, not good at all. So, this letter was really unique um from the almost two dozen letters that Trump has sent to different t ...