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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.
Trump’s Tariffs Upend Brazil’s Presidential Politics
Brazil holds an unusual position in President Donald Trump’s trade war because his complaints are more political than economic. Bureau chief Vanessa Dezem writes today about how the US intervention has so far strengthened the position of the current government.
Brazil has not signed a formal 20-year trade pact with China, the Brazilian Presidency’s Communications Secretariat told ...
A stiff increase in U.S. tariffs on Brazilian exports is expected to sharply reduce U.S. imports of beef, prompting sourcing ...
China has authorised nearly 200 Brazilian companies to export coffee to its domestic market amid escalating trade tensions ...
China has authorized 183 new Brazilian coffee companies to export to the Chinese market starting July 30, the Chinese embassy ...
Brazil exported $1.9 billion in coffee to the US last year, and the tariff could lead to a loss of $400 million to $800 million. Brazil also sold $1.35 billion worth of meat to the US and could lose ...
A 50% tariff on some Brazilian products, including coffee, will begin on August 6, the administration of U.S. President ...
Switzerland is pursuing trade talks with the U.S., while China is widening access to its market for Brazilian exports.
China is playing host to Brazil's president on Friday, as both countries have ramped up international diplomacy this year. The leaders are expected to sign trade agreements.
Senator Lindsey Graham (R-S.C.) issued a stark warning to China, India, and Brazil, indicating that they could face severe economic consequences for continuing to purchase Russian oil.
But if Brazil does not carry out the much needed reforms, it will be hard-pressed to grow at even 4% — less than half China’s rate. If it manages much more, then perhaps God really is Brazilian.
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