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Trump’s Brazil tariffs point more to his enduring bond with far-right Bolsonaro than economic concerns
The only economic rationale mentioned in Trump’s letter, that of a deficit that his country is said to face with Brazil, is belied by the numbers. The U.S. has sustained consistent surpluses in trade with the South American nation for close to two decades now.
Trump has announced reciprocal tariffs on dozens of American trading partners, as well as new tariffs on copper and pharmaceuticals.
Brazilian President Lula da Silva warns of retaliatory tariffs on the US if Trump imposes a 50% levy over Bolsonaro's trial, ...
As Brazil's Luiz Inacio Lula da Silva and Donald Trump trade blows, the person they are fighting over has sent mixed signals to investors trying to divine who will blink first.
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President Donald Trump’s threat to boost import taxes by 50% over Brazilian goods could drive up the cost of breakfast in the ...
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