President Donald Trump said Wednesday the U.S. will slap a 50% tariff on Brazil's imports, partly in retaliation for the ongoing prosecution of the country's former president, Jair Bolsonaro.

"If he charges 50 from us, we will charge 50 from them,” Brazilian President Luiz Inácio Lula da Silva said in an interview preview.

Brazilian President Luiz Inácio Lula da Silva said on Thursday (July 10, 2025) that he will impose retaliatory tariffs on the United States if President Donald Trump follows through on a pledge to boost import taxes by 50% over the South American country's criminal trial against his predecessor,