Brazil, Trump and Trade
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Economists have been expressing alarm over U.S. President Donald Trump’s plan to hit Brazil with a 50% tariff on Aug. 1 — the largest country-specific levy out of the 22 that Trump has rolled out this week.
Right-wing Brazilians wanted sanctions against the judge prosecuting Brazil’s former president. President Trump opted for something far bigger — tariffs.
Heightened trade tensions between the USA and Brazil - and the prospect of swingeing tariffs - could pose problems for Embraer and US airlines that hold orders for the Brazilian airframer's regional jets.
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Hespress on MSNMorocco, Brazil trade reaches $3 billion in 2024Trade between Morocco and Brazil reached nearly $3 billion in 2024, up 4.52% from the previous year, underscoring the need to deepen economic ties beyond agrobusiness. This was the central message at the LIDE Brazil-Morocco Forum in Marrakech,
The president signaled he would seek to use the threat of steep levies to reorient trade and protect his political allies.
India and Brazil agree to scale up trade to $20bn and boost collaboration on critical minerals, energy and digital economy. Six MoUs signed covering security, IPR, agri-research and clean energy