U.S. President Donald Trump on Wednesday slapped a 50% tariff on most Brazilian goods to fight what he has called a "witch hunt" against former President Jair Bolsonaro, but softened the blow by excluding sectors such as aircraft,

President Trump’s announcement of a planned 50% tariff on all Brazilian imports has sent shock waves through the U.S. coffee industry. The proposed trade action would significantly impact coffee supplies, as Brazil currently provides approximately 30% of all coffee imported into the United States.

The additional 50% tariff that the United States will impose on Brazilian imports starting Aug. 6 will only affect 35.9% of sales, meaning it will have a much lower impact than initially expected. Thanks to the nearly 700 exceptions that the US included in the tariff increase