Brazil Denies Plans for Tax on US Tech Firms Amid Trump Steel Tariffs

Reported about 19 hours ago

Brazil's Finance Minister Fernando Haddad has dismissed reports suggesting that the country would impose taxes on U.S. tech companies in retaliation for President Trump's proposed 25% tariffs on steel imports. Haddad emphasized that the government intends to make decisions based on concrete circumstances rather than speculation, clarifying that the reported potential levies on companies like Amazon and Google are incorrect.

Source: YAHOO

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