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Brazil's economy ready to ride out Trump's 50% tariff
Brazilian goods imported by the United States will soon carry one of the highest tariffs imposed by President Donald Trump, but that will not likely derail Latin America's largest economy, due to ample exemptions and stronger trade ties with China.
Staggering U.S. Tariffs Begin as Trump Widens Trade War
Many smaller countries’ exports have faced 10 percent tariffs since the president first announced, then suspended, an initial wave of policies in April. Others have staved off eye-watering rates after brokering deals with the United States that set their tariffs generally between 15 and 20 percent.
Nu Holdings faces volatility but has strong long-term growth potential with low profit share and expanding revenue streams.
Brazil, the world’s second biggest agricultural exporter, is bracing for additional punitive US tariffs because it has been ...
While many might assume a larger country like Brazil or Argentina, the title for the richest country is now held by Guyana, ...
The Brazilian president also believes Jair Bolsonaro should be tried for inciting the US to use trade as a weapon over the ...
Chinese investments could play a crucial role in enabling Brazil to boost its industrial capacity and diversify economy.
President Donald Trump announced Wednesday he planned to hit Brazil with a 50% tariff, in part because of the treatment of its former president Jair Bolsonaro, his political ally.
The reason had nothing to do with Brazil’s trade policies. In fact the US runs a surplus with Brazil. Instead, Trump is using ...
Since mid-June, Brazil economists have been forecasting that the country’s central bank will raise its benchmark lending rate, known as the Selic, by a half point to 13.75% at its Aug. 3 meeting ...
Brazil has requested consultations at the World Trade Organization over tariffs imposed by U.S. President Donald Trump on the ...
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