Trump, Brazil
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1hon MSN
Commodities traders are rushing to bring Brazilian coffee into the U.S. before a new 50% tariff on Brazilian goods takes effect on August 1. Some traders are rerouting ships mid-journey and skipping planned port stops to ensure coffee shipments arrive before the tariff deadline,
U.S. Trade Representative Jamieson Greer said on Tuesday he had launched an investigation into Brazil's "unfair" trading practices, a week after President Donald Trump threatened a 50% tariff on imports from Latin America's largest economy.
National Economic Council Director Kevin Hassett defended Donald Trump’s newly unveiled 50% tariff against Brazil on ABC News' "This Week."
Frozen concentrate orange juice futures have risen about 25% since President Trump said late Wednesday that he would impose 50% tariffs on imports from Brazil starting next month. Orange juice fut
President Trump’s pledge to place a 50 percent tariff on all imports from the South American nation will drive up the prices of coffee — and orange juice.
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.
Brazilian meatpackers are weighing whether to make new shipments of beef products to the United States after President Donald Trump announced a 50% tariff on Brazil last week, Roberto Perosa, president of Brazilian beef lobby ABIEC,
The 50% tariffs proposed by Donald Trump could cut Brazil's gross domestic product by between 0.3 and 0.8 percentage points in 2025, according to Brazilian economists and consulting firms.