Donald Trump, Brazil and Trade War
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The fight is rooted in years of political history between President Trump and the last two presidents of Brazil.
Brazil's government on Friday downplayed the impact of the 50% tariff U.S. President Donald Trump threatened to impose on imports from that country, as leaders from both nations expressed a cautious willingness to negotiate in the future.
Despite external trade headwinds and tight domestic monetary conditions, Brazil's finance ministry has upgraded its 2025 economic outlook.
Right-wing Brazilians wanted sanctions against the judge prosecuting Brazil’s former president. President Trump opted for something far bigger — tariffs.
President Luiz Inacio Lula da Silva said Brazil can survive without trade with the US and will look to other partners to replace it, a sharp response to Donald Trump after the American leader threatened 50% tariffs on the South American nation.
Brazilian President Luiz Inacio Lula da Silva said on Tuesday his country aims to triple trade flows with India from $12 billion last year "in the short term," without giving a more specific time frame.
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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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,