Brazil vows retaliatory tariffs against US
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Cryptopolitan on MSNBrazil 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 energy machinery—heavily reliant on US buyers—might suffer.
Brazil downplays effects of US tariffs proposed by President Trump, as leaders signal a cautious willingness to negotiate. Brazil predicts minimal economic impact, despite concerns from exporters. Trump justifies tariffs amidst controversial legal proceedings against former President Bolsonaro.
Private jet operator Flexjet, a key U.S. customer of Embraer, suggested on Thursday it would stand by a record deal with the Brazilian planemaker despite turmoil from fresh trade tensions between the U.
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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 breakfast in the United States. The prices of coffee and orange juice — two staples of the American morning diet — could be severely impacted if there’s no agreement by Aug. 1.
Brazil is urgently responding to U.S. President Trump's new 50% tariffs on Brazilian exports. President Lula convened a cabinet meeting to address the issue, while emphasizing diplomatic solutions. Economic and political tensions are heightened as market impacts are already visible in certain sectors,
Brazil's stock market was dragged lower by its financial sector on Thursday while the real currency rebounded, a day after U.S. President Donald Trump's shock move to slap 50% tariffs on imports from Latin America's largest economy,
Brazil faces persistent inflation and rising market volatility amid U.S. tariff threats, posing serious risks to economic stability.
President Trump's announcement that the U.S. will stick a 50% tariff on Brazilian goods whacked some of the country's
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U.S. President Donald Trump’s tariff letters show that tariffs — to protect domestic industries and to raise revenue for a deeply indebted government — are the way forward. The U.S. is moving toward more managed trade via quotas and other measures.