Brazil, tariffs and Donald Trump
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The Brazil Treasury's outlook for the country's gross public debt has worsened, with a forecast rise by 10.6 percentage points during President Luiz Inacio Lula da Silva's current term, 0.6 point higher than its previous estimate in December.
Trump’s move is linked to Brazil’s attempts to hold US social media companies responsible for ‘illegal content’
The Amazon rainforest -- considered one of the world's most important climate regulators - continues to face serious threats in 2025.
Unlike most countries in the world, Brazil actually has a trade deficit with the U.S. The U.S. takes in some 12 per cent of Brazil’s exports, less than half what China buys, and worth only around 1 per cent of GDP. Mexico – Latin America’s second-largest economy – sends 80 per cent of its exports to the U.S.
Despite external trade headwinds and tight domestic monetary conditions, Brazil's finance ministry has upgraded its 2025 economic outlook.
The ministry's economic policy secretariat now expects Brazil's gross domestic product to grow 2.5% in 2025, up from the 2.4% estimated in May. For 2026, the forecast was revised down to 2.4% from 2.5%.
Having returned to the helm of the environment ministry in 2023, on July 2nd she was summoned before a committee in the lower house of Congress to testify about deforestation. Lawmakers hurled insults at her for almost seven hours.
9hon MSN
Tensions escalate between the US and Brazil as Donald Trump launched a Section 301 trade investigation into Brazil’s alleged unfair practices, just days after announcing a massive 50% tariff on Brazilian goods.