Trump targets Brazil with a 50% tariff
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17h
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 is urgently responding to U.S. President Trump's new 50% tariffs on Brazilian exports. President Lula convened a cabinet meeting to address the issue, while emphasizing diplomatic solutions. Economic and political tensions are heightened as market impacts are already visible in certain sectors,
Brazil faces persistent inflation and rising market volatility amid U.S. tariff threats, posing serious risks to economic stability.
President Donald Trump on Thursday announced that the U.S. would apply a 35% tariff to all imports from Canada beginning next month, reviving tensions with a major trade partner that had largely dissipated in recent weeks.
Brazilian President Lula da Silva threatens retaliatory tariffs against the US if President Trump imposes increased import taxes due to Bolsonaro's trial. Lula aims for negotiation but warns of reciprocal measures.
Brazil believes it can withstand Trump’s 50 percent tariff, and aides to Lula say he is unlikely to shrink from a confrontation with the White House.
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The New Republic on MSNThe Deeper Reason That Trump Is Raging Against Brazil Right NowFor all the ways that MAGA has departed from established political norms, there is a throwback quality to President Trump’s extraordinarily hostile trade war. His ham-fisted efforts to shore up global U.