Trump, Indonesia and Trade Barrier
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President Donald Trump’s tariffs on Brazil could push up the cost of orange juice at major American supermarkets like Aldi, Walmart and Wegmans by as much as 25%, according to one US-based orange juice importer.
U.S. President Donald Trump’s tariff threat against Brazil has sparked political turmoil. Trump linked a 50% import tax to the trial of his ally, Brazil's former President Jair Bolsonaro, calling it a “witch hunt.
When President Donald Trump announced a 50% tariff on Brazilian imports to the United States, coffee producers from Varre-Sai, a small city in the north of Rio de Janeiro’s state, saw their expectations for this year’s harvest clouded by uncertainty.
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Al Jazeera on MSNTrump’s hefty tariff on Brazil expected to push the country towards ChinaChinese investments could play a crucial role in enabling Brazil to boost its industrial capacity and diversify economy.
Senator Lindsey Graham (R-S.C.) issued a stark warning to China, India, and Brazil, indicating that they could face severe economic consequences for continuing to purchase Russian oil.
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A Supreme Court judge ordered an investigation into potential insider trading in Brazil’s currency markets around the announcement of US tariffs on Brazilian goods.
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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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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.
The president signaled he would seek to use the threat of steep levies to reorient trade and protect his political allies.
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Money Talks News on MSNTrump's Brazilian Beef Tariff Could Make Your Next Burger Cost 50% MoreA perfect storm is brewing for beef prices as Trump's Brazilian import tariff coincides with America's smallest cattle herd in 70 years.
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.