After much back-and-forth over several months, President Donald Trump announced on July 9, 2025, that he planned to levy a 50% tariff on Brazilian exports to the United States. While Brazilian authorities, along with leaders of most other countries, have been expecting new tariffs given their centrality to Trump's economic agenda, the announcement seemingly caught Brazilian officials off guard, as trade negotiations between the two nations were still ongoing. There has been much speculation about the reasons behind Trump's decision and timing, with some onlookers noting the proximity to the recent meeting of the BRICS nations, a grouping of emerging economies, including Brazil, which had already drawn Trump's ire. Others argued that this was a protective measure to defend key U.S. industries, such as steel, which have been facing continued difficulties against cheaper products from Brazil. In a letter to Lula, the U.S. president indicated that his main grievance with Brazil is in...
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