Trump Considers 50% Tariff on Brazilian Goods Citing National Security Threat Under IEEPA
2025-07-13 13:37:26

Main Idea
The White House is considering a 50% tariff on Brazilian imports, citing national security concerns and President Trump's dissatisfaction with Brazil's trade conduct.
Key Points
1. White House Economic Advisor Kevin Hassett discussed the possibility of a 50% tariff on Brazilian imports.
2. The tariff consideration is linked to President Trump's dissatisfaction with Brazil's recent trade conduct.
3. National security concerns are cited as a reason for the potential tariff.
4. The International Emergency Economic Powers Act (IEEPA) is mentioned as the legal basis for the President's authority over U.S.-Brazil trade relations.
Description
On July 13, White House Economic Advisor Kevin Hassett addressed the possibility of implementing a 50% tariff on Brazilian imports, highlighting President Trump’s dissatisfaction with Brazil’s recent trade conduct. Hassett
Latest News
- CoinFund’s Christopher Perkins Suggests Ethereum-Based Tokens Could Democratize Access to Private Markets2025-07-13 21:29:00
- Coinbase Allegedly Targets Binance Amid Stablecoin Disputes as CZ Expands Global Crypto Influence2025-07-13 20:55:45
- Off the Grid’s GUN Token Expands to Solana Amid Crypto Gaming Market Challenges2025-07-13 20:09:23
- Bitcoin Shows Potential for Supercycle Rally Targeting $135K Amid Bullish Momentum and Market Factors2025-07-13 19:25:12
- Ethereum Nears $2,930 Amid Falling Wedge Pattern With Potential Breakout Toward $3,1002025-07-13 18:19:50