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.
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North Korean leader Kim Jong Un has said the country must continue strengthening its nuclear capabilities to deal with what he described as an increasingly unstable global security environment.
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Start your day informed with the AnewZ Morning Brief. Here are the top stories for 23 June, covering the latest developments you need to know.
A shooting in Montreal, Canada has left three people dead, including a police officer, a civilian and the suspected attacker, police said.
At least thirteen people have died and sixty-six have been injured following an explosion at Qatar's main liquefied natural gas (LNG) processing hub at Ras Laffan, authorities said on Sunday.
Cape Verde’s remarkable FIFA World Cup debut continued on Sunday (21 June) as the tournament newcomers held Uruguay to a 2-2 draw. Goalkeeper Vozinha was once again at the centre of the story, this time with his mother watching from the stands.
Tehran has agreed to let the International Atomic Energy Agency (IAEA) recommence inspections of its nuclear programme, U.S. Vice President JD Vance has said. The U.S. and Iran have settled on a 60-day roadmap aimed at reaching a final deal, according to mediators Qatar and Pakistan.
Armenia and Azerbaijan have agreed on a landmark internet deal that will allow traffic to pass through Azerbaijani networks.It's the latest deal to highlight the ongoing peace process between the two countries.
Three students have been killed and at least seven injured after two of their peers opened fire in a high school in the Philippines, police said. A spokesperson for the police said the two suspects, aged 14 and 15, had been arrested and a police pistol confiscated. Bullying is a possible motive.
North Korean leader Kim Jong Un has said the country must continue strengthening its nuclear capabilities to deal with what he described as an increasingly unstable global security environment.
Andy Burnham, the frontrunner to be Britain’s next Prime Minister, was sworn in as a member of Parliament on Monday, just hours after Keir Starmer announced his resignation from the top job.
Start your day informed with the AnewZ Morning Brief. Here are the top stories for 23 June, covering the latest developments you need to know.
A shooting in Montreal, Canada has left three people dead, including a police officer, a civilian and the suspected attacker, police said.
All 18 U.S.-resident passengers from the MV Hondius cruise ship linked to a hantavirus outbreak have returned to their home states after completing monitoring at the National Quarantine Unit, the University of Nebraska Medical Center said on Monday.
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