News

U.S. tariffs on Brazil will cause Mercosur bloc to shift beef exports
A stiff increase in U.S. tariffs on Brazilian exports is expected to sharply reduce U.S. imports of beef, prompting sourcing ...
Brazil chooses local relief over retaliation for US tariffs, sources say
Brazil's government has set aside for now plans for direct retaliation against steep U.S. tariffs taking effect this week, ...
Trump puts 50% tariffs on Brazil and copper, eliminates a tax loophole and hints at new deals
President Donald Trump signed executive actions on Wednesday imposing a 50% tariff on Brazil, a 50% tariff on certain copper ...
From Laos to Brazil, Trump's tariffs leave a lot of losers. But even the winners will pay a price
President Donald Trump’s tariff onslaught this week left a lot of losers – from small, poor countries like Laos and Algeria ...
Starbucks under pressure again as Brazilian tariffs hike coffee costs
A new 50% tariff on Brazilian coffee imports could squeeze Starbucks' margins and force the company to rethink its supply ...
Trump’s politically motivated sanctions against Brazil strain relations among old allies
President Trump’s decision to impose sanctions on Brazil in defense of the country's former president, Jair Bolsonaro, has ...
Brazil's former President Bolsonaro is placed under house arrest
Jair Bolsonaro is under house arrest for violating pre-trial restrictions ahead of Trump's imposition of tariffs to pressure Brazil for what the U.S. president says is political persecution of his ...
Brazil central bank warns on US tariffs, vows to anchor inflation expectations
Brazil's central bank on Tuesday flagged caution over the impact of steeper U.S. trade tariffs, reaffirming its commitment to ...