Trump, tariffs
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Brazil, Trump and tariff Cordeiro
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Brazil’s president, Luiz Inacio Lula da Silva, had just returned to his office from a meeting with Indonesia’s prime minister when the reports began blaring on TV.
President Donald Trump’s tariffs on Brazil could push up the cost of orange juice at major American supermarkets like Aldi, Walmart and Wegmans by as much as 25%, according to one US-based orange juice importer.
BRASILIA - Brazilian Finance Minister Fernando Haddad said on Thursday a contingency plan in response to higher U.S. tariffs will be presented to President Luiz Inacio Lula da Silva from Monday and will include a menu of measures,
Brazil’s inflation edged up in early July as US President Donald Trump threatened to slap the South American nation with punishing tariffs, further complicating the consumer price outlook for the central bank.
Brazil’s onerous taxes and political turmoil make investors wary, but an international court ruling could change their minds.
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Al Jazeera on MSNTrump’s hefty tariff on Brazil expected to push the country towards ChinaChinese investments could play a crucial role in enabling Brazil to boost its industrial capacity and diversify economy.
Senator Lindsey Graham (R-S.C.) issued a stark warning to China, India, and Brazil, indicating that they could face severe economic consequences for continuing to purchase Russian oil.
F ormer Brazilian President Jair Bolsonaro, a close ally of President Donald Trump in Latin America and a divisive figure across the region, is facing mounting legal troubles in his home country as Brazil's Supreme Court threatened to order his arrest over alleged violations of a court-imposed social media ban.