Trump hiked tariff on Brazil
Digest more
President Trump's announcement that the U.S. will stick a 50% tariff on Brazilian goods whacked some of the country's
President Donald Trump announced a 50% tariff to punish Brazil. What else to know: Trump released another flurry of tariff threat letters. And he praised the “good English” of the leader of Liberia, where English is the official language. Federal workers fear Trump will fire them following a Supreme Court ruling.
The U.S. dollar stabilised on Thursday after retreating from a two-week high versus major peers, as markets took U.S. President Donald Trump's latest tariff salvos in their stride, except in Brazil where a threatened 50% levy sent the real sliding.
Live updates and the latest news as the Trump administration is expected to announce new trade actions and Pete Hegseth and Benjamin Netanyahu meet
Brazilian President Luiz Inacio Lula da Silva was defiant on Monday as he wrapped up the summit when he answered reporters who asked about Donald Trump's tariff threats.
Explore more