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Trump’s Brazil tariffs point more to his enduring bond with far-right Bolsonaro than economic concerns
The only economic rationale mentioned in Trump’s letter, that of a deficit that his country is said to face with Brazil, is belied by the numbers. The U.S. has sustained consistent surpluses in trade with the South American nation for close to two decades now.
Brazil's economic activity unexpectedly fell in May, central bank data showed on Monday, dragged down by a sharp drop in the farm sector along with declines in tax revenue and industrial output. The ...
National Economic Council Director Kevin Hassett defended Donald Trump’s newly unveiled 50% tariff against Brazil on ABC News ...
Brazilian assets face pressure from new US tariffs, but holding broad index trackers may reduce risk amid volatility. See why ...
Brazil's government minimizes the projected impact on economic growth from the 50% US tariff threat. While oil remains exempt ...
Kevin Hassett, a top economic advisor to President Trump, was out defending the administration's threat of a 50% tariff on ...
By any traditional economic measure, the case for more tariffs on Brazil doesn't exist. In 2024, the U.S. ran a $7.4 billion ...
Brazil's finance ministry raised its forecast for economic growth this year, while projecting a slight slowdown in 2026 in ...
The president signaled he would seek to use the threat of steep levies to reorient trade and protect his political allies.
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