Brazil, Donald Trump
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Money managers from Aberdeen Group Plc to Franklin Templeton are staying bullish on Brazil, betting the country will withstand its unexpected turn in the epicenter of Donald Trump’s trade war. One reason: The fairly closed Brazilian economy,
Protestors in Sao Paulo made an effigy of the US president, and then set it on fire. As the paper POTUS went up in flames, they cheered and chanted "Brazil is ours," and "Trump out." The protest was in response to the Trump administration's plan to increase tariffs on imports of Brazilian goods from 10% to 50%.
The president signaled he would seek to use the threat of steep levies to reorient trade and protect his political allies.
Brazil believes it can withstand Trump’s 50 percent tariff, and aides to Lula say he is unlikely to shrink from a confrontation with the White House.
President Donald Trump has landed in Texas for a firsthand look at the devastation caused by catastrophic flooding that has killed at least 120 people, which the administration has characterized as a
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The New Republic on MSNThe Deeper Reason That Trump Is Raging Against Brazil Right NowFor all the ways that MAGA has departed from established political norms, there is a throwback quality to President Trump’s extraordinarily hostile trade war. His ham-fisted efforts to shore up global U.
In separate letters published on his social media platform, Truth Social, Trump wrote that each country will face a blanket tariff rate of 30% on all goods exported to the U.S. starting Aug. 1. Trump threatened even higher tariffs if either the E.
That praise, which Trump is likely to repeat during his visit to the flood-ravaged Texas Hill Country on Friday, is a far cry from Trump's harsh criticism of elected Democrats in California when wildfires devastated Los Angeles in January.