Overview

• The U.S. has declared a national emergency under the International Emergency Economic Powers Act and signed an order imposing an extra 40% tariff on Brazilian imports, bringing total duties to 50%.
• The Treasury Department sanctioned Justice Alexandre de Moraes under the Magnitsky Act, freezing any U.S. assets he holds and barring transactions over alleged human rights abuses and judicial censorship.
• A White House fact sheet cited Brazil’s prosecution of former President Jair Bolsonaro and restrictions on political speech as an “unusual and extraordinary threat” to U.S. national security and free expression.
• President Luiz Inácio Lula da Silva condemned the U.S. measures as violations of Brazil’s sovereignty and has convened an interministerial committee to coordinate the country’s response.
• Finance Minister Fernando Haddad said Brazil will file appeals with U.S. authorities and international bodies if formal negotiations fail to secure tariff relief.