U.S. Launches Trade Probe Into Brazil
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Brazilian President Luiz Inácio Lula da Silva has hit back at Donald Trump’s tariff threats, saying that his American counterpart was elected as the leader of the United States and “not to be the emperor of the world.
How a Trade War With Brazil Could Brew Trouble for U.S. Coffee Consumers originally appeared on Parade. U.S. coffee drinkers may face some uncertainty in the months ahead, as the Trump administration considers a 50-percent tariff on imports—an action that could drive up coffee prices nationwide.
Nobel Prize-winning economist Paul Krugman believes tariffs President Trump has threatened to impose on countries, including Mexico and Brazil, are here to stay and will cost U.S. consumers.
Facing growing chaos, the European Union and numerous other countries are seeking to forge a global trading nexus that is less vulnerable to American tariffs.
Money managers from Aberdeen Group Plc to Franklin Templeton are staying bullish on Brazil, betting the country will withstand its unexpected turn in the epicenter of Donald Trump’s trade war. One reason: The fairly closed Brazilian economy,
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Brazilian President Lula da Silva vowed to trigger Brazil's reciprocity law if negotiations with the U.S. fail.
Right-wing Brazilians wanted sanctions against the judge prosecuting Brazil’s former president. President Trump opted for something far bigger — tariffs.