Lula, Trump and Brazil
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Donald Trump ratcheted up pressure on Brazil to drop criminal charges against former President Jair Bolsonaro, saying he would be “watching closely” for a response just a week after threatening to impose punishing tariffs on the South American nation.
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bne IntelliNews on MSNBrazil’s Embraer warns Trump tariffs could add $9mn per aircraftBy bnl editorial staff Brazilian aircraft manufacturer Embraer faces a devastating blow to its business as US tariffs threaten to add $9mn to the cost of each plane, the company's chief executive has warned.
Donald Trump has proposed huge levies on Brazil, prompting an outspoken response from the CEO of Embraer, which builds vital regional airliners.
Trump threatened a 50% tariff against Brazil, one of the U.S.’s largest suppliers of green coffee beans, starting Aug. 1.
1don MSN
The Trump administration launched a trade investigation against Brazil on Tuesday, just one week after blasting Brasília for its treatment of ally former President Jair Bolsonaro. The trade investigation ostensibly regards unfair trade practices.
Brazil is Florida’s biggest international trading partner for buying what the Sunshine State sells, and tariffs might make orange juice prices soar.
A prosecutor has asked Brazil's Supreme Court to find ex-president Jair Bolsonaro guilty of plotting a violent coup after a trial that saw President Trump try to intervene.