President Donald Trump signed an executive order on Wednesday implementing an additional 40% tariff on Brazil, bringing the total tariff rate for the country to 50%, per the White House.

U.S. President Donald Trump signed an executive order implementing an additional 40% tariff on Brazil, bringing the total tariff amount to 50%, the White House said on Wednesday, citing Brazil's recent policies that the Trump administration disagrees with.

President Trump imposes steep tariffs on Brazil, accusing its government of threatening U.S. interests and violating human rights through actions against Jair Bolsonaro.

President Donald Trump says the United States and India are still negotiating on trade despite new tariffs slated to begin in a few days.

President Donald Trump said on Wednesday (July 30) the United States is still negotiating with India on trade after announcing earlier in the day the US would impose a 25 per cent tariff on goods imported from the country starting on Friday.

Trump said on Truth Social a 25% tariff and penalty for Russian oil buys will hit India from August 1, after a 26% duty in April was imposed then paused.

The United States is suspending a "de minimis" exemption that allowed low-value commercial shipments to be shipped to the United States without facing tariffs, the White House said on Wednesday.

President Donald Trump signed an executive order ending the “de minimis” trade exemption from tariffs—a loophole that allowed companies like Temu and Shein to ship goods to the United States without paying import duties so long as they were valued at or under $800.