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  • 7/10/2025
Brazil is facing a 50% tariff as U.S. President Donald Trump expands the tariff list to eight more countries.
Transcript
00:00President Trump has threatened tariffs on eight more countries, with Brazil facing the biggest blow.
00:06Trump has sent letters to Iraq, Libya, Algeria, Sri Lanka, Brunei, Moldova and the Philippines,
00:12announcing tariffs ranging from 20 to 30 percent.
00:15Brazil was hit with a 50 percent tariff.
00:18The Brazilian government says the move is unwarranted as the U.S. runs a trade surplus with the country.
00:23It adds that the tariffs will hurt the U.S. economy.
00:26The tariffs will take effect on August 1st.

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