'Any unilateral move will face a response': President Lula hits back after Trump imposes 50% tariff on Brazil; warns of reciprocal action

‘Any unilateral move will face a response’: President Lula hits back after Trump imposes 50% tariff on Brazil; warns of reciprocal action

US President Donald Trump (left) and Brazilian President Lula Da Silva (right) (AP images) Brazil on Wednesday (local time) warned that it will take reciprocatory actions against US after Donald Trump announced a new 50% tariff on Brazilian goods, escalating tensions between the two countries.“In light of the public statement by US President Donald Trump…

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Stock market today: Live updates

Stock market today: Live updates

Traders work on the floor of the New York Stock Exchange on July 08, 2025 in New York City. Michael M. Santiago | Getty Images Stock futures were relatively unchanged on Wednesday evening after the S&P 500 recouped some of its losses from this week’s tariff-fueled slide. S&P 500 futures traded just above the flatline,…

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Trump accuses Brazilian authorities of ‘witch hunt’ against former leader Bolsonaro

SAO PAULO (AP) — U.S. President Donald Trump on Monday criticized Brazilian authorities over what he called “a witch hunt” against former President Jair Bolsonaro and said he will be “closely monitoring” his trial. The South American far-right leader, who governed between 2019 and 2022, is standing trial before the country’s Supreme Court for his…

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