Brazil, Trump and tariffs
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Brazil is scrambling to avert punishing 50% U.S. tariffs in a week's time, but high level talks are stalled and U.S. companies are reluctant to confront U.S. President Donald Trump over the issue, officials and industry leaders say.
Brazil’s inflation edged up in early July as US President Donald Trump threatened to slap the South American nation with punishing tariffs, further complicating the consumer price outlook for the central bank.
Embraer's strong backlog, record deals, and favorable FX exposure provide medium/long-term support, but near-term uncertainty is high. Read why ERJ is a Hold.
Frozen concentrate orange juice futures have risen about 25% since President Trump said late Wednesday that he would impose 50% tariffs on imports from Brazil starting next month. Orange juice fut
A Supreme Court judge ordered an investigation into potential insider trading in Brazil’s currency markets around the announcement of US tariffs on Brazilian goods.
BRASILIA (Reuters) -Brazilian Vice President Geraldo Alckmin said on Thursday that he had reiterated his country's willingness to negotiate proposed U.S. tariffs on imports from Latin America's No. 1 economy during a conversation on Saturday with U.S. Commerce Secretary Howard Lutnick.
The USD/BRL exchange rate remained in a tight range last week as market participants awaited the upcoming Federal Reserve and Brazilian Central Bank (BCB) interest rate decisions, as well as the potential escalation of the US-Brazil trade war.
Nearly all of the açaí pulp sold in the U.S., as well as in Europe and Asia, where people have also developed a taste for the tangy fruit, comes from Brazil. If no trade deal is reached between the Trump administration and the Brazilian government, the bowls could cost significantly more at hundreds of shops from New York to Los Angeles.