Trump, Brazil and tariff
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4h
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’s Central Bank released a letter explaining why the Broad National Consumer Price Index (IPCA) surpassed the target in June.
But betting on a collapse of the country’s social-economic structure is a mistake.
The U.S. dollar slipped further from a two-week high versus major peers on Thursday, as President Donald Trump's latest tariff salvos failed to shake markets, except in Brazil where a threatened 50% levy sent the real sliding as much as 2.
Brazil's economy is holding up well with 2025 GDP forecasted to grow at +2.3%. Brazil’s inflation is currently elevated from its central bank’s target inflation rate, but is expected to decline from 5.6% in 2025 to 4.4% in 2026. Amid global uncertainty ...
Following Nvidia's surge to a $4 trillion valuation, U.S. stock futures saw a decline as investor attention shifted to key economic data and trade talks. Trump announced tariffs impacting Brazilian firms,
5d
Cryptopolitan on MSNXi and Putin miss BRICS meeting in Brazil amid economic and geopolitical strugglesXi Jinping and Vladimir Putin were both missing from the BRICS summit that kicked off Sunday in Rio de Janeiro, hosted by Brazilian President Luiz Inacio Lula