President Donald Trump announced Wednesday he planned to hit Brazil with a 50% tariff, in part due to the treatment of its former president and his political ally, Jair Bolsonaro.In a letter posted to Trump's Truth social media network,

"I’ll be watching the WITCH HUNT of Jair Bolsonaro, his family, and thousands of his supporters, very closely," Trump stated. "The only Trial that should be happening is a Trial by the Voters of Brazil — It’s called an Election." The one area where Trump and Bolsonaro differ is in their pre-politics past.

President Trump vowed to impose 50% tariffs on imports from Brazil, citing a "witch hunt" of Brazil's former president.

US President Donald Trump defended former Brazilian President Bolsonaro, calling him 'a very honest man' and criticising the current Brazilian leadership. Trump also announced 35% tariff on Canadian goods starting August 1st.

As Brazil’s Luiz Inacio Lula da Silva and Donald Trump trade blows, the person they are fighting over has sent mixed signals to investors trying to divine who will blink first.

Trump avoided his standard form letter with Brazil, specifically tying his tariffs to the trial of Bolsonaro, who is charged with trying to overturn his 2022 election loss. Trump has described Bolsonaro as a friend and hosted the former Brazilian president at his Mar-a-Lago resort when both were in power in 2020.

President Donald Trump pledged a 50% tariff on Brazil, accusing the country of carrying out a "witch hunt" against its former president.