US Edition
How Might Trump's Tariffs Hurt Brazil?
- Brazil's Vice President Geraldo Alckmin expressed the country's willingness to negotiate U.S. tariffs during a conversation with U.S. Commerce Secretary Howard Lutnick.
- Alckmin described the hour-long conversation as 'good' and noted that the specifics should remain confidential.
- The U.S. announced 50% tariffs on Brazilian imports starting August 1, linked to actions against former President Jair Bolsonaro.
- Brazilian officials are assessing the tariffs' impacts and preparing countermeasures.
40 Articles
40 Articles
Brazil Investors Warn of Political Impact of Tariffs in Election
At a large financial market gathering in Sao Paulo, Donald Trump’s threat to impose 50% tariffs on Brazil barely registers as a primary economic concern. What’s truly unsettling money managers is the political fallout — the broader storm unleashed by the US president ahead of next year’s elections.
São Paulo. Planes, agricultural products, manufactures, oil... shortly after Donald Trump's tariffs against Brazil came into effect, the largest Latin American economy is preparing for the blow of the tariff of its second trading partner.The US president announced 50% tariffs on Brazilian products since August 1, with the political argument that there is a “witch hunt” against former President Jair Bolsonaro, tried for alleged coup.Lula promises…
The Straits Times
The Star Kuala LumpurBrazil VP hails 'good' and 'fruitful' conversation with Lutnick on tariffs
BRASILIA - Brazilian Vice President Geraldo Alckmin said on Thursday that he had reiterated his country's willingness to negotiate proposed U.S. tariffs on imports from Latin America's No. 1 economy during a conversation on Saturday with U.S. Commerce Secretary Howard Lutnick. Read more at straitstimes.com.
Investors fear that, under Lula’s government, Brazilian finances will continue to deteriorate, with a negative impact on currency and inflation
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