Business & Economy3 stories
Trump Administration Imposes 50% Tariffs on Imports from Brazil and India - August 2025
The Trump administration has escalated trade tensions by imposing significant tariffs, with Brazil initiating a WTO consultation to challenge U.S. tariffs, which could reach up to 50 percent on certain Brazilian products, following executive orders on April 2 and July 30, 2025. Simultaneously, the U.S. controversially doubled tariffs on imports from India to 50%, effective August 27, penalizing Delhi for its continued purchase of Russian oil amidst the Ukraine war. This move makes India the most heavily taxed US trading partner in Asia, threatening to severely impact its exports and economic growth.