Trump, Brazil and Tax Cut
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Tensions between the United States and Brazil have suddenly burst open. Brazil’s president promised to reciprocate against President Trump’s tariffs.
Brazil downplays effects of US tariffs proposed by President Trump, as leaders signal a cautious willingness to negotiate. Brazil predicts minimal economic impact, despite concerns from exporters. Trump justifies tariffs amidst controversial legal proceedings against former President Bolsonaro.
Private jet operator Flexjet, a key U.S. customer of Embraer , suggested on Thursday it would stand by a record deal with the Brazilian planemaker despite turmoil from fresh trade tensions between the U.
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Cryptopolitan on MSNTrump open to Lula talks as Brazil shrugs off tariff impactIn a letter to Lula earlier in the week, Trump linked the proposed tariffs to Bolsonaro’s ongoing prosecution, leaving little room for Brazil to maneuver. Lula, speaking to TV Globo, condemned Trump’s rationale as “extremely outrageous,” stating that Bolsonaro “didn’t just try to stage a coup—he tried to prepare my death.”
U.S. President Trump's decision to impose 50% tariffs on Brazil ties into the trial of his ally, Bolsonaro. Brazil's President Lula can't intervene in Bolsonaro's case due to lack of authority. The U.
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SAO PAULO (AP) — President Donald Trump’s threat to boost import taxes by 50% on Brazilian goods could drive up the cost of breakfast in the United States. The prices of coffee and orange juice — two staples of the American morning diet — could be severely impacted if there’s no agreement by Aug. 1.