Brazil, Trump and tariffs
Digest more
Opinion
42mon MSNOpinion
Donald Trump's recent tariff on Brazil is a political gesture aimed at supporting former Brazilian President Jair Bolsonaro's cause, despite Brazil's large trade surplus with the United States and the costs that will be borne by American consumers and exporters.
Donald Trump’s threat to impose 50% tariffs on Brazilian goods sent the country’s currency plunging as the US leader sharply escalated a dispute with Latin America’s largest nation and leftist leader Luiz Inacio Lula da Silva.