Trump, Japan and tariff
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President Donald Trump’s tariffs on Brazil could push up the cost of orange juice at major American supermarkets like Aldi, Walmart and Wegmans by as much as 25%, according to one US-based orange juice importer.
Orange juice prices in the U.S. are already high. The suit argues that the tariff would lead to retail price hikes of up to 25 percent.
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U.S. President Donald Trump’s tariff threat against Brazil has sparked political turmoil. Trump linked a 50% import tax to the trial of his ally, Brazil's former President Jair Bolsonaro, calling it a “witch hunt.
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Al Jazeera on MSNTrump’s hefty tariff on Brazil expected to push the country towards ChinaChinese investments could play a crucial role in enabling Brazil to boost its industrial capacity and diversify economy.
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When President Donald Trump announced a 50% tariff on Brazilian imports to the United States, coffee producers from Varre-Sai, a small city in the north of Rio de Janeiro’s state, saw their expectations for this year’s harvest clouded by uncertainty.
Senator Lindsey Graham (R-S.C.) issued a stark warning to China, India, and Brazil, indicating that they could face severe economic consequences for continuing to purchase Russian oil.
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World Politics Review on MSNTrump's Tariffs Against Brazil Have Divided Bolsonaro's BaseTrump hoped his tariffs on Brazil would help Bolsonaro avoid accountability for his illegal attempt to stay in power in 2023. But they could have the opposite effect. The post Trump's Tariffs Against Brazil Have Divided Bolsonaro's Base appeared first on World Politics Review.
The president signaled he would seek to use the threat of steep levies to reorient trade and protect his political allies.
Trump’s 50% tariff threat on Brazilian imports has left Brazilian coffee producers uncertain of the future. With no guarantee their product will reach the US, small producers, roughly 30% of the state’s coffee output,
F ormer Brazilian President Jair Bolsonaro, a close ally of President Donald Trump in Latin America and a divisive figure across the region, is facing mounting legal troubles in his home country as Brazil's Supreme Court threatened to order his arrest over alleged violations of a court-imposed social media ban.