Trump targets Brazil with a 50% tariff
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Tensions between the United States and Brazil have suddenly burst open. Brazil’s president promised to reciprocate against President Trump’s tariffs.
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.
Private jet operator Flexjet, a key U.S. customer of Embraer, suggested on Thursday it would stand by a record deal with the Brazilian planemaker despite turmoil from fresh trade tensions between the U.
Brazil faces persistent inflation and rising market volatility amid U.S. tariff threats, posing serious risks to economic stability.
Brazil is urgently responding to U.S. President Trump's new 50% tariffs on Brazilian exports. President Lula convened a cabinet meeting to address the issue, while emphasizing diplomatic solutions. Economic and political tensions are heightened as market impacts are already visible in certain sectors,
President Trump's announcement that the U.S. will stick a 50% tariff on Brazilian goods whacked some of the country's