Trump imposes an additional 40% tariff on Brazil and reaches a trade agreement with South Korea

金色财经|Jul 31, 2025 00:32
According to Golden Finance, the White House announced that Trump has signed an executive order imposing an additional 40% tariff on Brazil, bringing the total tariff amount to 50%. In addition, Trump said that a trade agreement has been reached with South Korea, imposing a 15% tariff on South Korean goods imported to the United States, and South Korea has promised to invest $350 billion in the United States.
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