Trump hits Brazil with 50% tariffs
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Inquirer Business on MSNBrazil vows retaliatory tariffs against United StatesBrazilian President Luiz Inácio Lula da Silva said Thursday that he will impose retaliatory tariffs on the United States. That is, if President Donald Trump follows through on a
Brazilian assets face pressure from new US tariffs, but holding broad index trackers may reduce risk amid volatility. See why major Brazilian ETFs are a hold.
Critics say the tariff on Brazil could further erode the Trump administration's credibility as it pursues an aggressive trade agenda.
The president signaled he would seek to use the threat of steep levies to reorient trade and protect his political allies.
Explore our tariff tracker to see the latest rates for Brazil and seven other nations impacted by Trump's new trade policies.