U.S. President Donald Trump pitched his 50% tariffs against Brazil as a way to support former President Jair Bolsonaro, but some were stunned by the move and fear it may do more harm than good. https://www.japantimes.co.jp/news/2025/07/16/world/politics/trump-tariffs-bolsonaro-brazil-right/?utm_medium=Social&utm_source=mastodon #worldnews #politics #us #donaldtrump #tariffs #brazil #jairbolsonaro #trade #luizinacioluladasilva
While U.S. tariffs would still be painful for Brazil, Latin America's largest economy is in a stronger position than many developing nations — it actually has a trade deficit with the U.S. https://www.japantimes.co.jp/business/2025/07/11/economy/brazil-trump-tariff-less-pain/?utm_medium=Social&utm_source=mastodon #business #economy #brazil #us #trade #tariffs #donaldtrump #luizinacioluladasilva #jairbolsonaro
Donald Trump unveiled a new round of tariff demands on Wednesday, including a 50% rate on Brazil, one of the highest so far announced for the levies set to hit in August. https://www.japantimes.co.jp/business/2025/07/10/markets/trump-tariff-50-levy-brazil/?utm_medium=Social&utm_source=mastodon #business #markets #jairbolsonaro #brazil #us #donaldtrump #trade #tariffs #republicans