Trump, Brazil and coffee
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Trump, Russia and tariff
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Approval for Brazilian President Luiz Inacio Lula da Silva's government rose for the first time this year, a new poll showed on Wednesday, after his U.S. counterpart Donald Trump announced a 50% tariff on imports from Brazil starting in August.
The United States has begun investigating Brazil’s trade practices and “anti-corruption interference,” after the president’s criticisms of Brazil’s treatment of Jair Bolsonaro, a Trump ally.
Donald Trump tried to settle a political score when he dragged Brazil to the center of his trade war. In doing so, he’s thrust Brazilian conservatives into chaos as they seek to find an answer to the upheaval US tariffs will cause.
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.
The US President announced a list of updates concerning US trade tariffs on Tuesday, including a deal with Indonesia and his plans to gradually increase tariffs on pharmaceutical imports. View on euro
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RBC Ukraine on MSNRutte on Trump’s ultimatum to Putin: China, India, and Brazil face a severe blowThe United States may impose 100% tariffs on China, India, and Brazil if Russia refuses to sign a peace agreement with Ukraine within 50 days, states NATO Secretary General Mark Rutte, according to The Guardian.
Inflation jumped last month hitting its highest mark in months amid Trump’s tariffs threat - Inflation rose 0.3 percentage points in the last month and 2.7 percent in the past year