Brazil, Trump and tariffs
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Brazil is scrambling to avert punishing 50% U.S. tariffs in a week's time, but high level talks are stalled and U.S. companies are reluctant to confront U.S. President Donald Trump over the issue, officials and industry leaders say.
The USD/BRL remained in a tight range last week as market participants awaited the upcoming Fedand Brazilian Central Bank rate decisions
Brazil’s inflation edged up in early July as US President Donald Trump threatened to slap the South American nation with punishing tariffs, further complicating the consumer price outlook for the central bank.
Embraer's strong backlog, record deals, and favorable FX exposure provide medium/long-term support, but near-term uncertainty is high. Read why ERJ is a Hold.
Nearly all of the açaí pulp sold in the U.S., as well as in Europe and Asia, where people have also developed a taste for the tangy fruit, comes from Brazil. If no trade deal is reached between the Trump administration and the Brazilian government, the bowls could cost significantly more at hundreds of shops from New York to Los Angeles.
A Supreme Court judge ordered an investigation into potential insider trading in Brazil’s currency markets around the announcement of US tariffs on Brazilian goods.
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Trump Imposing "Temper Tariffs" to "Appease His Brazilian Boo" - Says Kamlager-DoveRep. Sydney Kamlager-Dove slammed Trump’s latest move to threaten tariffs on Brazil, calling it a political ploy to appease his Brazilian connections. She claims that instead of focusing on building global alliances,
U.S. President Donald Trump’s aggressive tariff policies, announced in a series of letters to global trading partners, are sending shockwaves through the world economy.