News

Behind Trump’s Decision to Tax Brazil to Save Bolsonaro
Right-wing Brazilians wanted sanctions against the judge prosecuting Brazil’s former president. President Trump opted for ...
Trump’s Brazil tariff ‘sets a scary precedent’ given the U.S. has a trade surplus with the country, economists say
Economists have been expressing alarm over U.S. President Donald Trump’s plan to hit Brazil with a 50% tariff on Aug. 1 — the ...
Trump's 50% Brazil tariff stretches emergency powers already facing court challenge
President Donald Trump announced a blanket 50% tariff on imports from Brazil, citing his anger over the country's treatment ...
Targeting Brazil, Trump Tests Legal Limit of His Tariff Powers
The president signaled he would seek to use the threat of steep levies to reorient trade and protect his political allies.
Trump threatens Brazil with massive 50% tariff, citing "Witch Hunt" against ex-president Bolsonaro
One of the highest tariffs threatened by President Trump so far is against Brazil, with the president citing a criminal ...
In Brazil, Trump faces a country — and a leader — ready for a fight
Brazil believes it can withstand Trump’s 50 percent tariff, and aides to Lula say he is unlikely to shrink from a ...
As Trump Sows Tariff Confusion, Rules of Global Commerce Give Way to Chaos
Blunt letters dictating terms posted to social media and changes late in negotiations have left trading partners wondering what President Trump will do next.
Dollar rises after Trump unveils new tariffs; bitcoin at record
The U.S. dollar rose on Friday, fuelled by upheavals on the global trade landscape, as U.S. President Donald Trump announced ...