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US-Brazil Tensions: Trump BACKS Bolsonaro, SLAMS Lula | Brazil THREATENS US With Reciprocal Tariffs
Lula condemned Trump’s remarks and questioned the legitimacy of his defense, particularly as Bolsonaro faces trial for plotting to prevent Lula’s presidency in 2023. Despite Trump's stance, Brazil's government downplayed the tariff’s impact,
Donald Trump threatens to impose 50% tariff on Brazil
Earlier on Wednesday, Trump imposed tariffs of between 25 per cent and 30 per cent on Algeria, Brunei, Iraq, Libya, Moldova, the Philippines and Sri Lanka. The letters followed threats of 25 per cent tariffs on Japan and South Korea, among others, on Monday.
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Brazil 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 ...
Brazilian President Lula da Silva threatens retaliatory tariffs against the US if President Trump imposes increased import ...
The Philippines, Sri Lanka, Algeria, Iraq, Libya, Brunei and Moldova are the latest tariff targets. Read more at straitstimes ...
By Ricardo Brito BRASILIA (Reuters) -Tensions between the United States and Brazil intensified on Wednesday after Brazil's Ministry of Foreign Affairs summoned the U.S. embassy's chargé d'affaires ...
Brazil's government minimizes the projected impact on economic growth from the 50% US tariff threat. While oil remains exempt ...
Brazil faces persistent inflation and rising market volatility amid U.S. tariff threats, posing serious risks to economic ...
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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