The United States will introduce 50% tariffs on all goods imported from Brazil starting on August 1, President Donald Trump announced on July 10 on his Truth Social platform. The new measures also include a 50% duty on all copper imports to the US.

What Happened in Markets Today Copper prices—and mining stocks—rose after Trump confirmed a 50% tariff on the metal will take effect Aug. 1. Prices for the [metal hit record highs](

President Trump is amping up trade threats, again unveiling a new batch of letters to country leaders outlining tariffs on goods imported from their countries beginning in August and a warning to BRICS nations.

Trump tariffs live updates: Brazil, copper hit with 50% tariffs as India seeks to dodge Trump's BRICS wrath. Yahoo Finance . Updated Thu, Jul 10, 2025, 7:11 PM 2 min read. In This Article:

US President Donald Trump announced a 50 percent tariff Wednesday targeting Brazil as he blasted the trial of the country’s ex-leader, and said a US “national security” levy on copper would begin in August.

Stock indexes edged higher on Thursday, with investors weighing the latest trade announcements from U.S. President Donald Trump, while the Brazilian real recovered some losses following Trump's announcement of a 50% tariff on goods from Brazil.