Brazil was not the only country targeted for political reasons. India faces a comparable rate for buying Russian oil. Mr Trump warned Mark Carney, Canada’s prime minister, that recognising a Palestinian state would make trade negotiations “very hard”.

Brazil's president told Reuters he will not give in to Trump's demand to end the prosecution of former president Jair Bolsonaro.

Read more on the impact of Trump's tariff hike on Brazilian imports, global trade dynamics, and Brazil's strategic response to minimize economic fallout.