Brazil Prepares for Potential US Trade War Amid Tariff Threats

Reported 1 day ago

Brazil's government is assessing which sectors may be affected by potential tariffs announced by US President Donald Trump, as the nation prepares for a possible trade war. Vice President Geraldo Alckmin's team has suggested strategies such as raising tariffs and strengthening ties with BRICS countries, particularly China, Russia, and India. Despite Brazil's ongoing trade deficit with the US, analysts warn a trade dispute could significantly harm Brazilian exports.

Source: YAHOO

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