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US President Donald Trump is ramping up tensions with Brazil, announcing plans to impose a 50% tariff on Brazilian goods.
Brazil, which supplies eight million bags of coffee to the United States, has been hit with 50 percent tariffs which may make a major dent in your wallet.
While the dollar was generally weaker early Thursday after the latest tariff announcement, it was holding onto gains against one currency—the Brazilian real. The U.S. will charge a 50% tariff on ...
Brazilian President Luiz Inácio Lula da Silva said Wednesday that the 50% tariffs announced by U.S. President Donald Trump ...
Brazil’s President forcefully rebuked Trump after the U.S. leader called the prosecution of Lula’s predecessor, Bolsonaro, a ...
The exchange with the South American nation suggests the U.S. president also sees trade as a tool to influence other policies of foreign countries.
(CNN) — US President Donald Trump on Wednesday threatened Brazil with a crippling tariff of 50% starting August 1, according to a letter he sent to the country’s president, Luiz Inácio Lula da Silva.
London hit a record high Thursday as equity markets were boosted by optimism governments will hammer out deals to avoid the ...
US President Donald Trump announced new tariffs on eight countries, Brazil, Sri Lanka, Algeria, Brunei, Iraq, Libya, Moldova, and the Philippines, via Truth Social on Wednesday. These tariffs, ...
Trump’s letter to Lula still contained similar language to his other letters to several trading partners, emphasizing the ...
Asian markets mostly rose Thursday on optimism that governments will hammer out deals to avoid the worst of US President ...
For many countries, the reprieve from President Donald Trump’s eye-watering tariffs, which were implemented on April 2 and temporarily reduced to 10% a week later, is soon set to come to an end. The ...