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Donald Trump threatens to impose 50% tariff on Brazil
Earlier on Wednesday, Trump imposed tariffs of between 25 per cent and 30 per cent on Algeria, Brunei, Iraq, Libya, Moldova, the Philippines and Sri Lanka. The letters followed threats of 25 per cent tariffs on Japan and South Korea, among others, on Monday.
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Brazil downplays economic risk amid market jitters and US tensionsDespite the tariff threat, Brazil’s Finance Ministry projected limited economic impact, maintaining its 2.5% GDP growth forecast for 2025. Officials said only specific sectors, like aerospace and ...
Brazilian President Lula da Silva threatens retaliatory tariffs against the US if President Trump imposes increased import ...
The Philippines, Sri Lanka, Algeria, Iraq, Libya, Brunei and Moldova are the latest tariff targets. Read more at straitstimes ...
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SAO PAULO (AP) — President Donald Trump’s threat to boost import taxes by 50% on Brazilian goods could drive up the cost of ...
Brazil is urgently responding to U.S. President Trump's new 50% tariffs on Brazilian exports. President Lula convened a ...
Brazil faces persistent inflation and rising market volatility amid U.S. tariff threats, posing serious risks to economic ...
The levy injects fresh turmoil into a strained bilateral relationship and is a setback as Prime Minister Mark Carney negotiates a new economic partnership with the U.S.
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