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Trump imposed an additional 40% tariff on Brazil and reached a trade protocol with South Korea.
According to Jin10, the White House stated that Trump signed an executive order to impose an additional 40% tariff on Brazil, bringing the total tariff rate to 50%. In addition, Trump announced that a trade protocol has been reached with South Korea, which will impose a 15% tariff on goods exported to the U.S. from South Korea, while South Korea has committed to investing $350 billion in the United States.