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Brazil looks to solve US tariff issue before deadline
Brazil looks to solve US tariff issue before deadline

Reuters

time4 days ago

  • Business
  • Reuters

Brazil looks to solve US tariff issue before deadline

BRASILIA, July 15 (Reuters) - Brazil will work to get the United States to reverse 50% tariffs on Brazilian goods before they are set to take effect on August 1, Vice President Geraldo Alckmin said on Tuesday. Speaking to reporters in Brasilia after meeting with business leaders to discuss the tariffs, Alckmin said the government aims to resolve the issue "as quickly as possible." Earlier in the day, following a first round of meetings, he acknowledged that Brazil faced a tight deadline for negotiations and did not rule out the possibility of requesting an extension if necessary.

Brazil looks to solve US tariff issue before deadline
Brazil looks to solve US tariff issue before deadline

Yahoo

time4 days ago

  • Business
  • Yahoo

Brazil looks to solve US tariff issue before deadline

BRASILIA (Reuters) -Brazil will work to get the United States to reverse 50% tariffs on Brazilian goods before they are set to take effect on August 1, Vice President Geraldo Alckmin said on Tuesday. Speaking to reporters in Brasilia after meeting with business leaders to discuss the tariffs, Alckmin said the government aims to resolve the issue "as quickly as possible." Earlier in the day, following a first round of meetings, he acknowledged that Brazil faced a tight deadline for negotiations and did not rule out the possibility of requesting an extension if necessary. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Brazil looks to solve US tariff issue before deadline
Brazil looks to solve US tariff issue before deadline

Yahoo

time4 days ago

  • Business
  • Yahoo

Brazil looks to solve US tariff issue before deadline

BRASILIA (Reuters) -Brazil will work to get the United States to reverse 50% tariffs on Brazilian goods before they are set to take effect on August 1, Vice President Geraldo Alckmin said on Tuesday. Speaking to reporters in Brasilia after meeting with business leaders to discuss the tariffs, Alckmin said the government aims to resolve the issue "as quickly as possible." Earlier in the day, following a first round of meetings, he acknowledged that Brazil faced a tight deadline for negotiations and did not rule out the possibility of requesting an extension if necessary. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Brazil's Lula Just Got a Huge Gift From the White House
Brazil's Lula Just Got a Huge Gift From the White House

Bloomberg

time10-07-2025

  • Business
  • Bloomberg

Brazil's Lula Just Got a Huge Gift From the White House

It was only a matter of time: After largely ignoring Brazil during his first six months in office, US President Donald Trump has finally erupted into the country's combustive politics. Trump on Wednesday announced a 50% tariff on Brazilian goods starting Aug. 1st, linking it to the legal troubles of his friend and conservative ally Jair Bolsonaro by saying the higher levies were 'due in part to Brazil's insidious attacks on Free Elections.'

Stock Market Today: Dow Futures Fall After Trump Unveils 50% Brazil Tariff — Live Updates
Stock Market Today: Dow Futures Fall After Trump Unveils 50% Brazil Tariff — Live Updates

Wall Street Journal

time10-07-2025

  • Business
  • Wall Street Journal

Stock Market Today: Dow Futures Fall After Trump Unveils 50% Brazil Tariff — Live Updates

President Trump unveiled a 50% tariff on Brazilian goods starting Aug. 1, late Wednesday, the highest levy announced this week in a flurry of missives to foreign leaders. Diverting from the form letter sent to other countries, Trump used his Brazil message to criticize the country's legal case against Jair Bolsonaro, Brazil's former leader. The tariffs, Trump wrote, would be based in part on Brazil's "insidious attacks on Free Elections" and its treatment of Bolsonaro, which Trump called "an international disgrace." Early Thursday, stock futures fell modestly, while copper prices rose after Trump said 50% duties on imports of the metal would take effect next month. Prices for the metal hit record highs Tuesday, when Trump first announced the levy.

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