Trump, Brazil
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Donald Trump has proposed huge levies on Brazil, prompting an outspoken response from the CEO of Embraer, which builds vital regional airliners.
Brazil is Florida’s biggest international trading partner for buying what the Sunshine State sells, and tariffs might make orange juice prices soar.
The president signaled he would seek to use the threat of steep levies to reorient trade and protect his political allies.
5don MSN
President Donald Trump’s threat to boost import taxes by 50% over Brazilian goods could drive up the cost of breakfast in the United States.
Nobel Prize-winning economist Paul Krugman believes tariffs President Trump has threatened to impose on countries, including Mexico and Brazil, are here to stay and will cost U.S. consumers.
Brazilian meatpackers are weighing whether to make new shipments of beef products to the United States after President Donald Trump announced a 50% tariff on Brazil last week, Roberto Perosa, president of Brazilian beef lobby ABIEC,
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 Trump will wield 50% copper tariffs on August 1 as he promises more to come with countries such as Brazil in the crosshairs. Delta’s good news, Nvidia scores the first $4 trillion market cap milestone,