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WSJ What’s News

Trump Threatens 50% Tariffs on Brazil

WSJ What’s News

The Wall Street Journal

News, Daily News

44K Ratings

🗓️ 10 July 2025

⏱️ 12 minutes

🧾️ Download transcript

Summary

A.M. Edition for July 10. President Trump justifies a new tariff threat on Brazilian goods by citing the country’s ‘witch-hunt’ against former Brazilian president Jair Bolsonaro and legal action taken against U.S. tech firms. WSJ reporter Gavin Bade breaks down the economic and legal significance of the president’s latest trade salvo. Plus, copper prices continue heating up after Trump set an August 1st start date for new 50% duties on the metal. And wary of U.S. security guarantees, the U.K. and France offer to use their nuclear weapons to defend Europe. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter.  Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:33.6

Citing attacks on a political ally, President Trump threatens Brazil with 50% tariffs.

0:40.3

Plus, the president sets a date for new copper tariffs as prices of the metal keep on heating up.

0:46.1

And wary of U.S. security guarantees the UK and France offer to use their nukes to defend Europe.

0:52.9

What it says to the U.S. is that, yeah, we're more than capable of standing up for ourselves.

0:57.4

And the message to the rest of Europe is that, you know, you are now under our nuclear umbrella.

1:02.5

It's Thursday, July 10th. I'm Luke Vargas for the Wall Street Journal.

1:05.9

And here is the AM edition of What's News.

1:09.1

The top headlines and business stories moving your world today.

1:15.5

President Trump is breaking new ground in his global tariff blitz by threatening Brazil with a 50% duty on its exports starting next month.

1:25.0

That marks the highest reciprocal tariff rate Trump has proposed in letters

1:29.3

to world leaders this week. And as journal trade reporter Gavin Bade explained, it marks the first

1:34.6

time that Trump has gone to bat for a political ally, saying the tariffs were necessary because

1:40.1

of legal action being taken against former Brazilian President Jair Bolsonaro,

1:44.5

the leader of the country's political right, who's on trial over an alleged coup attempt

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