Trump Imposes 50% Tariff on Brazil
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Brazil downplays effects of US tariffs proposed by President Trump, as leaders signal a cautious willingness to negotiate. Brazil predicts minimal economic impact, despite concerns from exporters. Trump justifies tariffs amidst controversial legal proceedings against former President Bolsonaro.
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Amazon S3 on MSNBrazil threatens tariff revenge as Trump demands end to Bolsonaro trial, blasts Lula for persecutionTensions between Brazil and the U.S. are escalating fast as President Lula da Silva vows to retaliate with steep tariffs following President Trump’s demand to halt the Bolsonaro trial. Trump calls Bolsonaro a “highly respected leader” and accuses Lula’s government of political persecution,
The fight is rooted in years of political history between President Trump and the last two presidents of Brazil.
Diplomatic tensions have escalated between the United States and Brazil following a critical statement by the U.S. embassy defending former Brazilian President Jair Bolsonaro. With U.S. President Trump threatening tariffs against Brazil,
Record TV, that his administration will file an official complaint with the World Trade Organization (WTO) in an effort to reverse the 50 percent tariffs on commercial exports to the United States announced by Donald Trump.
Brazilian fruit and juice exporters say a 50% U.S. tariff could disrupt the country's citrus industry and harm consumers on both sides.
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