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Trump announces 50% tariff on Brazil

Name: Trump announces 50% tariff on Brazil
Uploaded: 2025-07-09T18:20:00-0400
Duration: 8 min 28 s
Description: President Trump said he plans to impose a 50% tariff on goods made in Brazil starting Aug. 1. He sent tariff letters to seven countries on Wednesday, including the Philippines, Brunei, Moldova, Algeria, Iraq, Libya and Sri Lanka. CBS News' Olivia Rinaldi and Kelly O'Grady have the details.

President Trump said he plans to impose a 50% tariff on goods made in Brazil starting Aug. 1. He sent tariff letters to seven countries on Wednesday, including the Philippines, Brunei, Moldova, Algeria, Iraq, Libya and Sri Lanka. CBS News' Olivia Rinaldi and Kelly O'Grady have the details.