Trump Threatens 50% Tariff on Brazil
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1hon MSN
SAO PAULO (AP) — President Donald Trump’s threat to boost import taxes by 50% on Brazilian goods could drive up the cost of breakfast in the United States. The prices of coffee and orange juice — two staples of the American morning diet — could be severely impacted if there’s no agreement by Aug. 1.
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Inquirer Business on MSNBrazil vows retaliatory tariffs against United StatesBrazilian President Luiz Inácio Lula da Silva said Thursday that he will impose retaliatory tariffs on the United States. That is, if President Donald Trump follows through on a
Explore our tariff tracker to see the latest rates for Brazil and seven other nations impacted by Trump's new trade policies.
The president signaled he would seek to use the threat of steep levies to reorient trade and protect his political allies.