Brazil, Trump and Lula
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US President Donald Trump warned on Friday that the Brics grouping of emerging economies would “fall apart very quickly” if it ever became a truly influential alliance, as he vowed to impose steep tariffs on member countries and block the adoption of a US central bank digital currency (CBDC).
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Newspoint on MSNTrump's tariff threat pushes Lula's popularity, worsens legal troubles for Brazil's ex-leaderUS President Donald Trump may have thought that pressuring Brazil with higher tariffs would help his ally, the country's former President Jair Bolsonaro, but the move apparently backfired. Last week,
While some evidence shows tariffs are pushing up prices for consumers, the economy appears to be mostly healthy.
Trump threatened a 50% tariff against Brazil, one of the U.S.’s largest suppliers of green coffee beans, starting Aug. 1.
Donald Trump has proposed huge levies on Brazil, prompting an outspoken response from the CEO of Embraer, which builds vital regional airliners.
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Brazil is Florida’s biggest international trading partner for buying what the Sunshine State sells, and tariffs might make orange juice prices soar.
The US President announced a list of updates concerning US trade tariffs on Tuesday, including a deal with Indonesia and his plans to gradually increase tariffs on pharmaceutical imports. View on euro
Brazilian meatpackers are weighing whether to make new shipments of beef products to the United States after President Donald Trump announced a 50% tariff on Brazil last week, Roberto Perosa, president of Brazilian beef lobby ABIEC,