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Brazil vows to match US tariffs after Trump threatens 50% levy
Lula was responding to Wednesday's threat by his US counterpart, Donald Trump, to impose a 50% import tax on Brazilian goods from 1 August. In a letter, Trump cited Brazil's treatment of former President Jair Bolsonaro as a trigger for tariff-hike.
The pause on the biggest of Trump's tariffs won't end this week, as planned, but the problems they present still loom large.
Markets may face turbulence as Trump pushes US re-industrialization, with bubble-like S&P500 valuations signaling a potential ...
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President Donald Trump’s threat to boost import taxes by 50% on Brazilian goods could drive up the cost of breakfast in the ...
President Trump’s ever-swerving tariff regime has taken more sharp turns in recent days.On July 7, his administration pushed ...
The president said the blanket 35% would be on top of tariffs on certain sectors. That’s higher than the previous 25% rate.
Many economists already believe it’s a matter of time before Americans start to see sticker shock from the tariffs President ...
Trump and his aides have repeatedly shifted their stance on tariffs since the president’s “Liberation Day” announcement.
Canada faces another set of tariffs in its ongoing trade talks with the U.S. However, in this latest round of tariff ...
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Plus, the Justice Department has subpoenaed 20 doctors and clinics involved in “performing transgender medical procedures on ...
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