Trump, Brazil and Bolsonaro
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President Trump’s plan to place tariffs on Brazilian goods because of a legal action against the country’s former president has boosted its leftist leader.
Brazil’s attorney general is seeking a probe into possible insider trading in the country’s currency markets around the announcement of US tariffs on Brazilian goods.The request follows local media reports of significant foreign exchange transactions before and after the official tariffs announcement,
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Explícame on MSNThese are the countries that will have a 100% tariff from TrumpDonald Trump has issued a stern warning to countries maintaining economic ties with Russia. He has threatened to impose 100% tariffs on goods exported from these nations. This move is not directly aimed at Moscow but rather at pressuring countries that continue to trade with Russia,
America’s love for coffee has made the dark brewed beverage the most popular drink in the country. Here’s a look at US coffee-drinking habits and why your cup of coffee could be more expensive very soon,
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Money Talks News on MSNTrade War Alert: Brazil Promises Tariff Retaliation That Could Cost American JobsPresident Trump's planned 50% tariffs on Brazilian imports starting August 1 could significantly increase your household expenses. In addition, Brazilian President Lula promises matching retaliation that may hurt American workers and businesses.
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While some evidence shows tariffs are pushing up prices for consumers, the economy appears to be mostly healthy.
Police in Brazil swooped on the home and political headquarters of Jair Bolsonaro early Friday, searching the properties, ordering the former president to wear an electronic ankle tag, barring him from speaking to foreign officials or approaching embassies and prohibiting him from using social media.
Donald Trump has proposed huge levies on Brazil, prompting an outspoken response from the CEO of Embraer, which builds vital regional airliners.