Trump signals 50% tariff on Brazil
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Latin Times on MSNDiplomatic Rift Between Brazil and U.S. Deepens as Lula Claims Trump Ignored Efforts to Avert Massive Tariff HikeBrazil's efforts to avoid a steep U.S. tariff hike have been rebuffed, escalating a diplomatic rift rooted in former President Jair Bolsonaro's ongoing trial. President Luiz Inácio Lula da Silva said.
President Trump's tariff threat against Brazil to protect his ally, former President Jair Bolsonaro, has sparked political turmoil in the South American country.
Trump cast his announcement as a pressure tactic to help Bolsonaro, who is on trial for allegedly plotting a coup to overturn his loss in the 2022 presidential election.
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World Politics Review on MSNTrump’s Tariffs Against Brazil Have Divided Bolsonaro’s BaseTrump hoped his tariffs on Brazil would help Bolsonaro avoid accountability for his illegal attempt to stay in power in 2023. But they could have the opposite effect. The post Trump's Tariffs Against Brazil Have Divided Bolsonaro's Base appeared first on World Politics Review.
15don MSN
One of the highest tariffs threatened by President Trump so far is against Brazil, with the president citing a criminal prosecution against Jair Bolsonaro.
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Regtechtimes on MSN🚨 Real rigged? Brazil probes insider leak tied to Trump tariffs and Bolsonaro circleA sudden drop in the Brazilian real just before the announcement of steep U.S. tariffs has triggered a high-profile investigation in Brazil. Authorities are now trying to find out whether anyone used inside information to profit illegally from the currency markets ahead of the news.
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Al Jazeera on MSNBrazil’s Supreme Court declines to arrest Bolsonaro over social media banEx-president faced questions about whether a media appearance violated a ban on social media posts via third parties.
F ormer Brazilian President Jair Bolsonaro, a close ally of President Donald Trump in Latin America and a divisive figure across the region, is facing mounting legal troubles in his home country as Brazil's Supreme Court threatened to order his arrest over alleged violations of a court-imposed social media ban.