On January 12, the President of the United States, Donald Trump, posted on his social media that A 25% tariff would be adopted on all imports from countries that maintain trade relations with the Islamic Republic of Iran.
Although the announcement was released without technical details about its legal framework or the specific way the levies would be applied, it has generated a immediate impact on markets and bilateral trade relations.
In the event that the measure is officially adopted, Brazil would be the most affected country in Latin America. In 2025, Brazil recorded a trade surplus of $2.900 billion with Iran. Their bilateral trade has increased due to Brazilian exports, primarily of agricultural products such as corn and soybeans.
Source:
DONALD J. TRUMP, DJ PUBLICATION IN TRUE SOCIAL. (2026).
Note prepared by the Unit of Trade Policy and Defense for our newsletter Trade InsightFor more news and strategic analysis, Subscribe to our newsletter here.
