Trump, Brazil and Tariff
Digest more
What Happened in Markets Today Copper prices—and mining stocks—rose after Trump confirmed a 50% tariff on the metal will take effect Aug. 1. Prices for the [metal hit record highs](
Brazil avoided Trump's tariffs until Wednesday, when Trump threatened to slap 50% tariffs on Brazil imports into the US. Now in the spotlight, could President Luiz Inacio Lula da Silva benefit ...
President Trump is amping up trade threats, again unveiling a new batch of letters to country leaders outlining tariffs on goods imported from their countries beginning in August and a warning to BRICS nations.
The announcement came hours after he also informed Brazil that its "reciprocal" tariff on August 1 would rise to 50% from 10%, a shockingly high level for a country with a balanced U.S. trade ...