President Donald Trump has announced a 50% tariff on products from Brazil, set to take effect next month.
On Wednesday, President Trump declared that his administration will impose a 50% tariff on goods imported from Brazil beginning 1 August. The announcement was made in a letter addressed to Brazilian President Luiz Inacio Lula da Silva.
Trump specified that this tariff would be applied in addition to existing sectoral tariffs.
Brazilian President Luiz Inacio Lula da Silva said on Wednesday that his country would respond in kind after 50% tariffs hikes were announced on Brazilian exports to the United States.
"Any unilateral move to increase tariffs will be met with a response under Brazil’s Economic Reciprocity Law," a statement from Lula’s office declared.
The U.S. president also voiced support for former Brazilian President Jair Bolsonaro.
Trump has expressed criticism of the BRICS countries, a group of emerging economies that includes Brazil. This latest tariff move underscores ongoing trade tensions between the United States and Brazil.
Azerbaijan Railways and China State Railway Group agreed on Thursday to raise freight traffic on the Baku–Tbilisi–Kars line to as many as 10 train...
Ukraine is set to become the first European nation to introduce Starlink’s mobile services, with leading telecom provider Kyivstar preparing to roll...
Start your day informed with AnewZ Morning Brief: here are the top news stories for 10th July, covering the latest developments you need to know....
Around four hundred drones and 18 missiles were launched by Russia in an overnight assault on Ukraine, with the capital being the primary target, acco...
Rescuers have pulled six crew members alive from the Red Sea after Houthi militants sank a second cargo vessel this week, while the fate of another 15...
Azerbaijan Railways and China State Railway Group agreed on Thursday to raise freight traffic on the Baku–Tbilisi–Kars line to as many as 10 trains a day, aiming to turn the route into a high-capacity artery between East and West.
Ukraine is set to become the first European nation to introduce Starlink’s mobile services, with leading telecom provider Kyivstar preparing to roll out messaging capabilities by the end of this year and full mobile satellite broadband by mid-2026, according to the company’s CEO, Oleksandr Komarov.
Start your day informed with AnewZ Morning Brief: here are the top news stories for 10th July, covering the latest developments you need to know.
Australian researchers have pioneered a low-cost and scalable plasma-based method to produce ammonia gas directly from air, offering a green alternative to the traditional fossil fuel-dependent Haber-Bosch process.
A series of earthquakes have struck Guatemala on Tuesday afternoon, leading authorities to advise residents to evacuate from buildings as a precaution against possible aftershocks.
Archaeologists have uncovered a 3,500-year-old city in northern Peru that likely served as a key trade hub connecting ancient coastal, Andean, and Amazonian cultures.
European Commission President Ursula von der Leyen urged stronger sanctions and defence support for Ukraine as the EU's 18th sanctions package against Russia nears approval.
A deadly mass shooting early on Monday (7 July) in Philadelphia's Grays Ferry neighbourhood left three men dead and nine others wounded, including teenagers, as more than 100 shots were fired.
Ukraine is set to become the first European nation to introduce Starlink’s mobile services, with leading telecom provider Kyivstar preparing to roll out messaging capabilities by the end of this year and full mobile satellite broadband by mid-2026, according to the company’s CEO, Oleksandr Komarov.
Start your day informed with AnewZ Morning Brief: here are the top news stories for 10th July, covering the latest developments you need to know.
Around four hundred drones and 18 missiles were launched by Russia in an overnight assault on Ukraine, with the capital being the primary target, according to Ukrainian President Volodymyr Zelenskyy.
Rescuers have pulled six crew members alive from the Red Sea after Houthi militants sank a second cargo vessel this week, while the fate of another 15 seafarers remains uncertain.
Italy is hosting the fourth annual international conference on Ukraine's reconstruction, as Russia ramps up its aerial and ground assaults on Ukraine. The event brings together political leaders, international organisations, and businesses to foster public-private partnerships in Rome.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment