Trump imposes a 50% tariff on most Brazilian goods, but grants exemptions to certain key industries.

According to the WiseFinance APP, US President Trump signed an executive order on Wednesday imposing tariffs as high as 50% on most Brazilian goods to protest against the "political persecution" of former President Bolsonaro by the country. However, the order provides exemptions for certain key industries such as aerospace, energy, and orange juice, easing the worst concerns of the Brazilian political and business community.