Trump Threatens 50% Tariff on Brazil
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President Trump is amping up trade threats, again unveiling a new batch of letters to country leaders outlining tariffs on goods imported from their countries beginning in August and a warning to BRICS nations.
Proposal would connect Brazil’s Atlantic Ocean coast to Peru’s Pacific port of Chancay, cutting shipping times to Asia by up to 12 days.
5don MSN
Xi Jinping skips BRICS Summit for the first time amid speculation of political turbulence in China and divisions between member nations over trade and strategic interests
China’s new travel policy took effect, granting citizens from Argentina, Brazil, Chile, Peru, and Uruguay visa-free entry for up to thirty days. Chinese state-backed firms are negotiating
JPMorgan is considering reducing the weighting of major issuers like China and India in its key emerging-market bond index.
Authorities from Brazil and China signed this week an agreement to start the studies for the construction of a railway connecting the Atlantic and Pacific Oceans, which would bring South America's largest country closer to the Asian giant trade-wise.
China and Brazil signed a memorandum of understanding to study a transcontinental railroad connecting Peru's Pacific coast with Brazil's Atlantic coast, as part of a strategic export route, Brazil's Ministry of Transport said on Tuesday.
China's BYD is poised to start assembling electric vehicles at a new factory in Brazil as early as this month, a top executive said, reducing imports as tariffs start to rise in its largest foreign market.
From Brazil and India uniting against Trump to China’s ‘great green wall’ in Inner Mongolia, here’s a round-up from today’s coverage.