Despite 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.

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.

The Philippines, Sri Lanka, Algeria, Iraq, Libya, Brunei and Moldova are the latest tariff targets. Read more at straitstimes.com. Read more at straitstimes.com.

President Trump's announcement that the U.S. will stick a 50% tariff on Brazilian goods whacked some of the country's

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,

Try as it might to appease President Donald Trump, Canada remains a prized target in his trade wars and subject to the whiplash of his changes of heart.

U.S. President Donald Trump has announced a sweeping 35% tariff on Canadian imports starting August 1st — warning that the rate will increase if Canada retaliates. In a fiery letter sent to Canadian PM Mark Carney via social media,