President Donald Trump announced Wednesday he planned to hit Brazil with a 50% tariff, in part due to the treatment of its former president and his political ally, Jair Bolsonaro.

The U.S. will charge a 50% tariff on Brazilian goods starting on Aug. 1, President Trump announced in a letter to the Latin American country’s government on Wednesday, citing legal action against its former President Jair Bolsonaro and U.

President Donald Trump said he planned to impose a steep 50% tariff on all imports from Brazil as he accused the South American country of carrying out a "witch hunt" in the prosecution of Brazil's former president,