Trump, Brazil
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Trump, America and Tariff
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Oil prices fell more than 2% on Thursday, as investors weighed the potential impact of U.S. President Donald Trump's tariffs on global economic growth. Brent crude futures settled at $68.64 a barrel,
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.
Bukele expressed delight at meeting “the leader of the free world.” Later in the conversation, Trump told Bukele, “You sort of look like a teenager,” playfully slapping his arm.The pair then turned their attention to the extrajudicial transfer of dozens of Venezuelan migrants held in the United States to the notorious Salvadoran mega-prison known as CECOT (Centro de Confinamiento del Terrorismo),
Frank Holmes says Trump’s tariffs didn’t derail trade — money printing and stablecoin growth are fueling crypto’s rise.
Trump said in social media posts on Saturday he would impose a 30% tariff on imports from Mexico and the European Union starting on August 1. The announcement comes after weeks of talks with key U.S.
President Donald Trump has been sending letters to countries outlining higher tariffs they’ll face if they don’t make trade deals with the U.S. by Aug. 1.
Economists have been expressing alarm over U.S. President Donald Trump’s plan to hit Brazil with a 50% tariff on Aug. 1 — the largest country-specific levy out of the 22 that Trump has rolled out this week.
Canada is the U.S.' second largest trading partner. It recently rescinded a digital services tax to get Trump back to the negotiating table.