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.
The ceasefire between Israel and Lebanon will be lengthened by three weeks, U.S. President Donald Trump said in a post on social media website...
The U.S. and the European Union are set to sign a memorandum of understanding on Friday to establish a partnership on the procurement and productio...
China has urged the European Union to take its concerns seriously over new cybersecurity and digital regulations, warning they could create difficu...
Russia and Ukraine have swapped prisoners of war, according to officials on both sides. Ukraine’s President Volodymyr Zelenskyy said 193 pris...
Türkiye and the United Kingdom on Thursday signed a wide-ranging strategic partnership agreement to boost bilateral cooperation, especially in...
The ceasefire between Israel and Lebanon will be lengthened by three weeks, U.S. President Donald Trump said in a post on social media website Truth Social early on Friday (24 April), while stating in a separate earlier post that he was in no rush to make a deal with Iran.
The U.S. and the European Union are set to sign a memorandum of understanding on Friday to establish a partnership on the procurement and production of critical minerals, the U.S. State Department confirmed late on Thursday.
China has urged the European Union to take its concerns seriously over new cybersecurity and digital regulations, warning they could create difficulties for Chinese companies operating in Europe.
Türkiye and the United Kingdom on Thursday signed a wide-ranging strategic partnership agreement to boost bilateral cooperation, especially in defence. The deal, signed in London, signals a “new era” in relations between the two NATO allies.
The U.S. military has intercepted at least three Iranian-flagged tankers in Asian waters and is redirecting them away from their positions near India, Malaysia and Sri Lanka, shipping and security sources said on Wednesday, exclusively to Reuters.
Iran’s Revolutionary Guards targeted three vessels, seizing two of them for alleged maritime violations and transferring them to Iranian shores, as U.S. President Donald Trump said Washington is extending its ceasefire with Iran until Tehran submits a proposal.
Two local trains collided head-on north of Copenhagen on Thursday (23 April), injuring 17 people, five of them critically, according to emergency services.
The U.S. military is redirecting at least three Iranian-flagged tankers after intercepting them in Asian waters near India, Malaysia and Sri Lanka, shipping and security sources said on Wednesday. Meanwhile, Tehran said U.S. breaches, blockades and threats are undermining “genuine negotiations.”
The European Union is preparing its 20th round of sanctions against Russia over the war in Ukraine. The measures are close to being approved, after earlier delays linked to energy concerns in Slovakia and Hungary eased following repairs to the Druzhba oil pipeline.
China has urged the European Union to take its concerns seriously over new cybersecurity and digital regulations, warning they could create difficulties for Chinese companies operating in Europe.
Russia and Ukraine have swapped prisoners of war, according to officials on both sides. Ukraine’s President Volodymyr Zelenskyy said 193 prisoners, including soldiers and border guards, had been returned from Russia, some injured and facing criminal charges.
Türkiye and the United Kingdom on Thursday signed a wide-ranging strategic partnership agreement to boost bilateral cooperation, especially in defence. The deal, signed in London, signals a “new era” in relations between the two NATO allies.
The U.S. and the European Union are set to sign a memorandum of understanding on Friday to establish a partnership on the procurement and production of critical minerals, the U.S. State Department confirmed late on Thursday.
Russian emergency services have contained a major fire at the Tuapse oil refinery on the Black Sea coast, local officials said on Thursday, ending a four-day effort after a Ukrainian drone strike.
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