Trump’s Tariff Turmoil: Goldman Predicts 30.8% Brazil Shock & Korea’s $350B Counterstrike

Trade wars heat up as Goldman Sachs drops a bombshell forecast—Brazil faces a 30.8% tariff gut punch, while Korea retaliates with a $350 billion tech investment blitz.

Wall Street's crystal ball: More pain, more gain.

Who wins? Probably the bankers charging fees on both sides.

Trump Tariff On Brazil Sparks Korea $350B Deal, Goldman Weighs In

Goldman Sachs analysts have determined that the TRUMP tariff on Brazil will actually reach an effective rate of 30.8% on all Brazilian imports. This figure was calculated after accounting for exemptions in the White House Executive Order, and it represents a reduction of six percentage points from previous estimates.

Goldman Sachs stated:

Meanwhile, the Korea $350 billion investment secured a dramatically different outcome. Kim Yong-beom, who is South Korea’s presidential policy chief, announced details of the US trade deal with Korea at the time of writing.

Kim Yong-beom stated:

Investment Structure and Profit Disputes

The Brazil trade war impact differs significantly from Korea’s negotiated terms right now. Commerce Secretary Howard Lutnick claimed that the Korea $350 billion investment WOULD benefit Americans substantially, along with other economic advantages.

Howard Lutnick stated:

However, this actually sparked immediate controversy in Seoul. Kim Yong-beom challenged this interpretation regarding the Trump tariff on Brazil versus Korea’s preferential treatment.

Kim Yong-beom stated:

Agricultural Protection Success

Despite the Goldman Sachs tariff forecast showing harsh treatment for Brazil, South Korea successfully defended key sectors. The US trade deal with Korea excluded agricultural concessions, which contrasts with the Trump tariff on Brazil’s comprehensive coverage.

Kim Yong-beom stated:

The Brazil trade war impact demonstrates how different negotiation strategies produce vastly different outcomes under the current trade framework right now.