By Ana Mano and Cassandra Garrison SAO PAULO/MEXICO CITY (Reuters) -Latin American farmers are in for a rough ride if the U.S. slaps secondary sanctions on buyers of Russian exports, such as the fertilizers essential for cash crops from Mexican avocados to Brazilian soybeans and corn. For farm powerhouse Brazil, which covered about a third…
China’s expanded efforts to encourage visitors continued to pay off in the first half of 2025, with the number of visa-free foreign entries rising by more than half compared to the same period a year earlier. Foreign nationals made 38 million trips in and out of the country, a 30 per cent increase year on…
EAST RUTHERFORD, N,J. (AP) — Paris Saint-Germain and Chelsea square off in the final of the Club World Cup at MetLife Stadium on Sunday with the chance to become the first winner of the newly expanded tournament. Kickoff is 3 p.m. Eastern time. Thirty-two teams from around the world entered the competition but it ends…
The S & P 500 pulled back from record highs on Friday as investors dealt with this week’s renewal of tough tariff rhetoric from President Donald Trump. In a series of letters, the White House informed a slew of U.S. trading partners about the levies they would face if trade agreements were not reached by…
WASHINGTON (AP) — In the past week, President Donald Trump has managed to make his erratic trade policies even more baffling to countries desperate to negotiate an escape from his wrath. Doubling down on his trade wars, Trump is threatening to raise taxes on many goods from Canada, hike his universal tariff on imports from…
Global backlash grows to Trump’s tariff threats – CBS News Watch CBS News President Trump on Thursday threatened to impose a 35% tariff on Canadian goods beginning Aug. 1. Mr. Trump’s latest salvo came after he also threatened tariffs on a number of other countries earlier in the week, including Japan and South Korea. Kelly…
Brazilian President Luiz Inácio Lula da Silva said Thursday that he would impose retaliatory tariffs on the United States if President Donald Trump follows through on a pledge to boost import taxes by 50% over the South American country’s criminal trial against his predecessor, Jair Bolsonaro. Lula said he would trigger Brazil’s reciprocity law approved…
United States President Donald Trump has threatened Brazil with a 50 percent tariff, citing the criminal charges against its former president and his political ally Jair Bolsonaro, who is accused of plotting a coup. In a letter to Luiz Inacio Lula da Silva, Brazil’s current president, Trump said on Wednesday that the treatment of Bolsonaro, who…
President Donald Trump threatened to impose a 50 percent tariff on Brazilian products if the country doesn’t meet a series of political demands, including dropping the charges against his ally Jair Bolsonaro. Nicknamed the “Trump of the Tropics,” the far-right former Brazilian president Bolsonaro followed Trump’s lead in late 2022 and refused to concede his…
Brazil spent months flying under the radar as Donald Trump upended global trade. Now that it’s in the spotlight, President Luiz Inacio Lula da Silva may stand to benefit from the attention. Hours after the US president threatened to hit Brazil with 50% tariffs, the leader known universally as Lula announced that, rather than rush…