Trump, Indonesia and Trade Barrier
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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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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.
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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President Trump's tariff threat against Brazil to protect his ally, former President Jair Bolsonaro, has sparked political turmoil in the South American country.
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.
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One of the highest tariffs threatened by President Trump so far is against Brazil, with the president citing a criminal prosecution against Jair Bolsonaro.
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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.
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Regtechtimes on MSN🚨 Real rigged? Brazil probes insider leak tied to Trump tariffs and Bolsonaro circleA sudden drop in the Brazilian real just before the announcement of steep U.S. tariffs has triggered a high-profile investigation in Brazil. Authorities are now trying to find out whether anyone used inside information to profit illegally from the currency markets ahead of the news.
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.