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