The China Mail - Trump punishes Brazil with tariffs, sanctions over trial of ally Bolsonaro

USD -
AED 3.672504
AFN 63.999936
ALL 81.482729
AMD 362.820055
ANG 1.790365
AOA 916.999834
ARS 1525.012699
AUD 1.446132
AWG 1.8025
AZN 1.695771
BAM 1.733158
BBD 2.015756
BDT 123.052656
BGN 1.683441
BHD 0.377328
BIF 3004.44854
BMD 1
BND 1.281424
BOB 12.054428
BRL 5.230701
BSD 1.000833
BTN 96.45446
BWP 14.158233
BYN 3.014683
BYR 19600
BZD 2.012832
CAD 1.424255
CDF 2312.502658
CHF 0.832815
CLF 0.024879
CLP 982.440431
CNY 6.70475
CNH 6.717545
COP 3322.13
CRC 457.240078
CUC 1
CUP 24.018396
CVE 97.712812
CZK 21.79565
DJF 177.720249
DKK 6.659485
DOP 59.79566
DZD 133.651016
EGP 52.3167
ERN 15
ETB 163.475001
EUR 0.89083
FJD 2.25435
FKP 0.753812
GBP 0.758475
GEL 2.594998
GGP 0.753812
GHS 11.724777
GIP 0.753812
GMD 74.000091
GNF 8804.033816
GTQ 7.645479
GYD 209.346324
HKD 7.84555
HNL 26.865513
HRK 6.667403
HTG 130.978015
HUF 329.012496
IDR 17993
ILS 3.086098
IMP 0.753812
INR 96.30665
IQD 1311.020726
IRR 1693850.000176
ISK 122.039478
JEP 0.753812
JMD 157.630753
JOD 0.709031
JPY 158.206501
KES 129.749745
KGS 87.446989
KHR 4053.132006
KMF 434.99975
KPW 900.000318
KRW 1361.380186
KWD 0.308901
KYD 0.834057
KZT 443.471634
LAK 22442.975382
LBP 89622.18589
LKR 330.728128
LRD 171.587828
LSL 16.576308
LTL 2.95274
LVL 0.60489
LYD 6.411393
MAD 9.760381
MDL 17.819861
MGA 4419.297095
MKD 54.561083
MMK 2099.783199
MNT 3598.053803
MOP 8.089432
MRU 40.068766
MUR 47.819883
MVR 15.459637
MWK 1735.373872
MXN 18.36424
MYR 4.086018
MZN 63.902642
NAD 16.575573
NGN 1327.789871
NIO 36.828953
NOK 9.640265
NPR 154.325085
NZD 1.78742
OMR 0.384514
PAB 1.000833
PEN 3.453202
PGK 4.464491
PHP 62.783499
PKR 277.237331
PLN 3.899565
PYG 5831.841625
QAR 3.648069
RON 4.761304
RSD 104.70198
RUB 83.372742
RWF 1476.791379
SAR 3.756193
SBD 8.065041
SCR 13.814664
SDG 601.498155
SEK 10.077395
SGD 1.28159
SHP 0.754575
SLE 24.599569
SLL 20969.491881
SOS 571.929887
SRD 37.6725
STD 20697.981008
STN 21.711004
SVC 8.757067
SYP 13002.000254
SZL 16.569484
THB 33.704501
TJS 9.217388
TMT 3.5
TND 2.975471
TOP 2.40776
TRY 49.033104
TTD 6.789784
TWD 31.945697
TZS 2635.003009
UAH 44.939475
UGX 3973.556883
UYU 40.28499
UZS 11829.395814
VES 859.10005
VND 25982
VUV 119.747847
WST 2.7762
XAF 584.346135
XAG 0.016524
XAU 0.000240016513
XCD 2.70255
XCG 1.803617
XDR 0.707052
XOF 584.346135
XPF 105.684789
YER 236.42499
ZAR 16.738185
ZMK 9001.201289
ZMW 19.680804
ZWL 321.999592
SSP 5712.591904
MXV 2.078336
  • RYCEF

    0.4000

    19.71

    +2.03%

  • CMSC

    0.0000

    20.4

    0%

  • BTI

    0.4200

    56.05

    +0.75%

  • BP

    0.2800

    44.43

    +0.63%

  • RBGPF

    1.6000

    67

    +2.39%

  • RIO

    -0.1500

    94.41

    -0.16%

  • AZN

    -0.4300

    166.15

    -0.26%

  • GSK

    0.4600

    49.7

    +0.93%

  • BCE

    -0.4100

    20.56

    -1.99%

  • NGG

    -0.2500

    75.24

    -0.33%

  • VOD

    -0.0400

    16.58

    -0.24%

  • RELX

    -0.4500

    33.07

    -1.36%

  • BCC

    -0.5500

    76.59

    -0.72%

  • CMSD

    -0.0300

    20.27

    -0.15%

  • JRI

    -0.2500

    10.77

    -2.32%

Trump punishes Brazil with tariffs, sanctions over trial of ally Bolsonaro
Trump punishes Brazil with tariffs, sanctions over trial of ally Bolsonaro / Photo: © AFP/File

Trump punishes Brazil with tariffs, sanctions over trial of ally Bolsonaro

President Donald Trump ordered massive tariffs on Brazil Wednesday and sanctions against the judge overseeing a trial of his far-right ally Jair Bolsonaro, who is accused of attempting a coup in Latin America's biggest economy.

Text size:

The announcement saw Trump make good on a threat to wield American economic might to punish Brazil -- and Supreme Court Justice Alexandre de Moraes in particular -- for what he has termed a "witch hunt" against former president Bolsonaro.

Unlike the tariffs Trump is slapping on economies around the world, the measures against Brazil have been framed in openly political terms, sweeping aside centuries-old trade ties and a surplus that Brasilia put at $284 million last year.

The moves dramatically increased the pressure on Moraes, who has emerged as one of the most powerful and polarizing people in Brazil -- and a consistent thorn in the far-right's side, after clashing repeatedly with Bolsonaro and others over disinformation.

The Brazilian government's "politically motivated persecution, intimidation, harassment, censorship, and prosecution of (Bolsonaro) and thousands of his supporters are serious human rights abuses that have undermined the rule of law in Brazil," the White House said in a fact sheet announcing the tariffs.

It also cited Brazil's "unusual and extraordinary policies and actions harming U.S. companies, the free speech rights of U.S. persons, U.S. foreign policy, and the U.S. economy," and singled out Moraes by name.

It did not state what date the tariffs would come into effect, but Trump had previously cited August 1.

The new duties were announced shortly after the US Treasury slapped sanctions on Moraes, which followed a similar move by the State Department earlier this month.

The sanctions provoked a swift and furious response from Brasilia, where Attorney General Jorge Messias slammed them as "arbitrary," "unjustifiable" and "a serious attack on the sovereignty of our country."

There was no immediate reaction from Brasilia to the tariffs announcement, but President Luiz Inacio Lula da Silva had earlier denounced Trump's threats as "unacceptable blackmail."

Bolsonaro is on trial for allegedly plotting a coup to stay in power after losing the 2022 election to leftist Lula.

He risks up to 40 years in prison if convicted.

Prosecutors say the plot included a plan to arrest and even assassinate Lula, his vice president Geraldo Alckmin, and Moraes.

Brazil has insisted it will proceed in its prosecution of Bolsonaro, and Trump's intervention in the case has so far improved Lula's popularity, as the Brazilian leader appeals for national unity in the face of US "interference."

- 'Witch hunt' -

Both Marco Rubio, America's top diplomat, and US Treasury Secretary Scott Bessent issued statements Wednesday announcing the new sanctions against Moraes.

"Moraes has taken it upon himself to be judge and jury in an unlawful witch hunt against US and Brazilian citizens and companies," Bessent said.

Rubio, the secretary of state, accused Moraes of "serious human rights abuses, including arbitrary detention involving flagrant denials of fair trial guarantees and infringing on the freedom of expression."

Moraes, 56, has played a controversial role in fighting disinformation.

He was an omnipresent figure during the polarizing 2022 election campaign, aggressively using his rulings to fight election disinformation on social media.

That included blocking the accounts of some prominent conservative figures.

Last year, he ordered the shutdown of tech titan Elon Musk's X network in Brazil for 40 days for failing to tackle the spread of disinformation shared mainly by Bolsonaro backers.

Bolsonaro has called Moraes a dictator, while his son Eduardo, an MP, had lobbied for US sanctions against the "totalitarian" judge.

On Wednesday Eduardo Bolsonaro said the US action was "not about revenge, it's about justice."

"Abuses of authority now have global consequences," he wrote on X.

Trump's private media company has also sued Moraes over his social media-related orders.

The US Treasury cited the Magnitsky Act for the sanctions. It freezes US-based assets and bars travel to the country for foreign officials accused of human rights abuses or corruption.

X.Gu--ThChM