Trump announces reciprocal tariffs impacting Brazilian exports, President Lula’s popularity drops even further, and the rapporteur for the tax exemption bill is announced

BRAZIL POLITICS - Report 03 Apr 2025 by Murillo de Aragão and Cristiano Noronha

U.S. President Donald Trump announced yesterday that he will impose a 10% tariff on Brazilian imports—the minimum rate proposed by the American president. The measure will take effect starting Saturday, April 5. The 10% rate for Brazil is lower than the initial expectations of the U.S. government. Yesterday, a new Quaest poll showed further deterioration in the government’s approval ratings. According to the survey, disapproval of President Lula’s administration continues its upward trend, rising 7 percentage points since January, from 49% to 56%. Yesterday Speaker of the House Hugo Motta (Republicanos) appointed Deputy Arthur Lira (PP-AL) as the rapporteur of the income tax bill.

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