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Trump Reverses Tariffs on Brazil After Key Talks

1/20/2026

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Summary

Story summary

U.S. President Donald Trump initially imposed 40 percent tariffs on Brazilian goods due to the prosecution of Jair Bolsonaro (former president of Brazil).
Following a meeting with President Luiz Inacio Lula da Silva, Trump altered his stance and removed most of the tariffs.
The development shows how bilateral talks can change U.S. tariff policy toward Brazil.

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Story summary

U.S. President Donald Trump initially imposed 40 percent tariffs on Brazilian goods due to the prosecution of Jair Bolsonaro (former president of Brazil).
Following a meeting with President Luiz Inacio Lula da Silva, Trump altered his stance and removed most of the tariffs.
The development shows how bilateral talks can change U.S. tariff policy toward Brazil.