Trump, Brazil
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The US is imposing a 17% tariff on most tomatoes imported from Mexico with immediate effect, the government said. The duty came into force after the US withdrew from a long-standing agreement with its southern neighbour,
As President Trump ramps up the pressure on dozens of countries, trade experts fear U.S. tariff policy leaves consumers and businesses in limbo.
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Asianet Newsable on MSNBrazilians Rally Behind Lula Against Trump’s 50% Tariffs, Most Clamor For Retaliatory Levies: SurveyIn response to Trump tariffs, the Brazilian President has flagged reciprocal levies if the U.S. tariffs go into effect by the Aug. 1 deadline set by the U.S. President.
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Straight Arrow News on MSNHow Trump's 50% tariff on Brazil could affect the price of coffee, orange juiceSome of the most popular breakfast beverages could cost more following President Trump’s pledge to place a 50% tariff on Brazilian imports.
President Trump has taken an unconventional approach to trade negotiations by sending form letters to foreign leaders.
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The president has earned a reputation for bluffing on tariffs. But he has steadily and dramatically raised U.S. tariffs, transforming global trade.
Tariff revenues have brought in more that $113 billion so far this year, according to the Treasury Department data. The U.S. received more than $27 billion in customs duties in June alone.
Unlike the European Union, the Japanese government has made no indication it plans to impose any kind of reciprocal tariff on the U.S.