Trump, Brazil and Jair Bolsonaro
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President Donald Trump announced Wednesday he planned to hit Brazil with a 50% tariff, in part because of the treatment of its former president Jair Bolsonaro, his political ally.
Economist Peter Schiff cautioned that President Trump’s latest tax and spending package could harm the U.S. economy more than it helps. He argued that the tax cuts, which add to budget deficits, won’t stimulate economic growth but will instead lead to higher long-term interest rates and inflation.
Sen. Rand Paul (R-Ky.) on Thursday heaped criticism on President Trump’s move to issue a 50 percent tariff on Brazilian goods, in part to protest the legal proceedings against former
President Donald Trump is heading to Texas with first lady Melania Trump to survey flood damage to tour areas devastated by flash flooding. Late Thursday, Trump announced that a 35% tariff rate would go into effect on Canada starting Aug.