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Trump threatens new tariffs on Canada
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"If he charges 50 from us, we will charge 50 from them,” Brazilian President Luiz Inácio Lula da Silva said in an interview preview.
The president also decided to send out letters as a way to keep the pressure up.
Brazilian President Lula da Silva warns of retaliatory tariffs on the US if Trump imposes a 50% levy over Bolsonaro's trial, risking a trade war. View on euronews
President Donald Trump is threatening to impose 50% tariffs on Brazilian imports — a move that could spike prices of breakfast staples like coffee and orange juice.
The US government has started announcing the much-awaited reciprocal tariffs as President Donald Trump shot off letters to a number of countries announcing the imposition of new tariffs, which range from 25% to 40%.
Tokyo and Seoul were staring down the threat of 24% and 25% tariffs, respectively, before the president fired off the letters Monday.
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President Trump said he’ll begin rolling out “reciprocal” tariffs Friday on countries that have yet to reach a tentative deal with his team — with the new US trade taxes hitting as high as “60 or
A delegation from the Philippines will discuss with representatives from the United States the 20% reciprocal tariff before the scheduled August 1 implementation.
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