Trump hiked tariff on Brazil
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2hon MSN
SAO PAULO (AP) — President Donald Trump’s threat to boost import taxes by 50% on Brazilian goods could drive up the cost of breakfast in the United States. The prices of coffee and orange juice — two staples of the American morning diet — could be severely impacted if there’s no agreement by Aug. 1.
Brazil's government minimizes the projected impact on economic growth from the 50% US tariff threat. While oil remains exempt, other industries like aerospace may feel the pinch. President Lula seeks negotiation with Trump,
On Thursday, thousands protested in Brazil against US President Donald Trump and his attempt to interfere in Brazil’s judicial system. This is episode 57 of Stories of Resistance.
Brazil's government on Friday (July 11) downplayed the impact of the 50% tariff US President Donald Trump threatened to impose on imports from that coun
In an interview with TV Globo, Lula explained that, for now, he does not intend to call Trump but will defend the Brazilian productive sector by opening new markets. The president noted that the American’s tone is disrespectful and that he will not accept such behavior.
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.