Brazil, Donald Trump and Jair Bolsonaro
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President Donald Trump announced a blanket 50% tariff on imports from Brazil, citing his anger over the country's treatment of its former president, Jair Bolsonaro. Trump's tariffs would be imposed using the International Emergency Economic Powers Act,
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,
Tarcísio de Freitas, governor of São Paulo state and a former infrastructure minister under Bolsonaro, told reporters Thursday that the U.S. tariffs would have a negative impact on the economy and for important industrial exporters from his state, including Brazilian plane maker Embraer.
President Donald Trump on Wednesday levied a 50% tariff against Brazil, which produces more than a third of the world's coffee, citing, in part, the country's treatment of former President Jair Bolsonaro,
Brazil’s Luiz Inacio Lula da Silva told Donald Trump to mind his own business after the US leader rushed to the defense of embattled former President Jair Bolsonaro, who is facing charges that he attempted a coup.
The US president and first lady will visit Kerr County, where hard-hit Camp Mystic is located after deadly flooding last week.
President Donald Trump will head to Texas for a firsthand look at the devastation caused by catastrophic flooding that has killed at least 120 people.