Trump, Brazil and Tariffs
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The fight is rooted in years of political history between President Trump and the last two presidents of Brazil.
President Luiz Inacio Lula da Silva insisted Brazil can survive without trade with the US and will look to other partners to replace it, a sharp response to Donald Trump after the American leader threatened 50% tariffs against the nation.
Brazil believes it can withstand Trump’s 50 percent tariff, and aides to Lula say he is unlikely to shrink from a confrontation with the White House.
Right-wing Brazilians wanted sanctions against the judge prosecuting Brazil’s former president. President Trump opted for something far bigger — tariffs.
As Brazil’s Luiz Inacio Lula da Silva and Donald Trump trade blows, the person they are fighting over has sent mixed signals to investors trying to divine who will blink first.
Brazilian President Luiz Inacio Lula da Silva said on Tuesday his country aims to triple trade flows with India from $12 billion last year "in the short term," without giving a more specific time frame.
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Hespress on MSNMorocco, Brazil trade reaches $3 billion in 2024Trade between Morocco and Brazil reached nearly $3 billion in 2024, up 4.52% from the previous year, underscoring the need to deepen economic ties beyond agrobusiness. This was the central message at the LIDE Brazil-Morocco Forum in Marrakech,
India and Brazil agree to scale up trade to $20bn and boost collaboration on critical minerals, energy and digital economy. Six MoUs signed covering security, IPR, agri-research and clean energy