Reported 2 days ago
President Trump has announced the imposition of a 50% tariff on goods imported from Brazil, beginning August 1, due to the country’s treatment of former President Jair Bolsonaro, who faces court charges. Additionally, Trump's tariff strategy includes a similar 50% tariff on copper imports, causing fluctuations in market prices and inciting potential economic repercussions for American consumers. Amidst these developments, President Trump is also cautioning BRICS nations and negotiating with India to avoid further trade conflicts.
Source: YAHOO