Trump signals 50% tariff on Brazil
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Brazil is scrambling to avert punishing 50% U.S. tariffs in a week's time, but high level talks are stalled and U.S. companies are reluctant to confront U.S. President Donald Trump over the issue, officials and industry leaders say.
Brazil’s inflation edged up in early July as US President Donald Trump threatened to slap the South American nation with punishing tariffs, further complicating the consumer price outlook for the central bank.
Embraer's strong backlog, record deals, and favorable FX exposure provide medium/long-term support, but near-term uncertainty is high. Read why ERJ is a Hold.
Orange juice prices in the U.S. are already high. The suit argues that the tariff would lead to retail price hikes of up to 25 percent.
A Supreme Court judge ordered an investigation into potential insider trading in Brazil’s currency markets around the announcement of US tariffs on Brazilian goods.
Newsworthy Women on MSN7h
Trump Imposing "Temper Tariffs" to "Appease His Brazilian Boo" - Says Kamlager-DoveRep. Sydney Kamlager-Dove slammed Trump’s latest move to threaten tariffs on Brazil, calling it a political ploy to appease his Brazilian connections. She claims that instead of focusing on building global alliances,
Mr Trump and Brazil’s president, Luiz Inácio Lula da Silva, are ideological foes and Mr Trump’s allies have long decried a probe Mr Moraes leads into online disinformation. Yet the trigger for Mr Trump’s attack appears to have been the summit of the BRICS,
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Al Jazeera on MSNTrump’s hefty tariff on Brazil expected to push the country towards ChinaChinese investments could play a crucial role in enabling Brazil to boost its industrial capacity and diversify economy.