Trump initiates a Section 301 inquiry into Brazil.

President Donald Trump has announced plans to initiate a Section 301 investigation into Brazil, citing concerns over its digital trade policies that may hinder U.S. social media platforms. Along with the investigation, Trump will impose a 50% tariff on imports from Brazil starting August 1. This letter marks a departure from previous communications, as it specifically addresses Brazil's trade practices. Previously, imports from Brazil faced a 10% tariff, and Trump has also hinted at additional tariffs targeting BRICS nations.