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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.
Brazil's government minimizes the projected impact on economic growth from the 50% US tariff threat. While oil remains exempt ...
Private jet operator Flexjet, a key U.S. customer of Embraer, suggested on Thursday it would stand by a record deal with the ...
The Philippines, Sri Lanka, Algeria, Iraq, Libya, Brunei and Moldova are the latest tariff targets. Read more at straitstimes ...
Brazilian President Lula da Silva threatens retaliatory tariffs against the US if President Trump imposes increased import ...
Brazil faces persistent inflation and rising market volatility amid U.S. tariff threats, posing serious risks to economic ...
Tensions between the United States and Brazil intensified on Wednesday after Brazil's Ministry of Foreign Affairs summoned the U.S. embassy's chargé d'affaires over a statement defending ...
The dollar rose and Commerzbank said since Trump is announcing the tariffs in increments, the market seemed to be coping better than it did in April—when steep levies were unveiled at once.
Trump slapped a 50% tariff on Brazil, and Brazilian President Luiz Inacio Lula da Silva said his country would respond.
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