Trump, tariff
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Donald Trump’s latest threat to impose a 50% levy on Brazil over its domestic political affairs shows the rest of the world that nothing is off limits. The US president linked the hike to the trial of former Brazilian President Jair Bolsonaro — a right-wing populist — over an alleged coup attempt in 2022,
The exchange with the South American nation suggests the U.S. president also sees trade as a tool to influence other policies of foreign countries.
By David Lawder, Andrea Shalal and Julia Payne WASHINGTON/BRUSSELS (Reuters) -U.S. President Donald Trump turned his trade ire against Brazil on Wednesday, threatening Latin America's largest economy with a punitive 50% tariff on exports to the U.
President Donald Trump welcomed leaders of five African nations, hailing the continent’s economic potential as his administration seeks to expand US access to critical minerals and other natural resources.
The U.S. said it would levy a 20% tariff for exports from Vietnam, and a 40% tariff on transshipped goods. How that’s defined is critical for the administration’s trade deals.
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President Donald Trump’s threat to impose new tariffs on India over its participation in the BRICS forum puts New Delhi in a tough position as it races to finalize a favorable trade deal with the US.
Secretary of State Marco Rubio talks about countering China as it expands its global influence. But President Trump’s tariff threats have created friction with U.S. partners.