Trump says he can distribute part of the tariff money to the US medium and low income population

Trump’s tariff to Brazil begins to apply on Wednesday, US President Donald Trump said on Sunday that some Americans may receive some kind of dividend or distribution of money as a result of the tariffs imposed on US business partners. “There may be a distribution or dividend to the people of our country, I would say that for people of average and low income, we could do a dividend,” Trump told journalists before boarding Air Force One after leaving his golf club in New Jersey. President Donald Trump Jim Watson/AFP The new chapter of tariff last week, Trump signed an executive order that marked a new chapter of the world’s tariff. The measure expands and modifies reciprocal tariffs applied to several countries, with rates that now range from 10% to 41%. The new rates should come into force from August 7. Even with the expansion of tariffs to various nations, Brazil is still the most targeted by Trump, with a 50%rate. In this case, the rates are scheduled for August 6. Then, among the most taxed, comes Syria (41%), followed by Laos and Myanmar (Burma), both with 40%rates. The least affected were the UK and the Falkland Islands – the only ones so far at 10%rates. Shipping Map: See more and less affected countries with new US rates according to the White House, the rate of 50% against Brazil has been adopted in response to Brazilian government actions that would represent an unusual and extraordinary threat to national security, foreign policy and the US economy. ” The announcement officializes the percentage mentioned by the Republican in a letter sent to Lula this month and states that the executive order was motivated by actions that “harm American companies and the rights of freedom of expression of US citizens,” as well as affect the country’s foreign policy and economy. *With information from the Reuters news agency

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