Brazil warns it will raise levies on U.S. products if Trump follows through on threat of 50% tariff

Brazil warns it will raise levies on U.S. products if Trump follows through on threat of 50% tariff

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…

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Wall Street sees 35% Canada tariff as just a negotiation tactic: 'Tariffs are Trump's hammer for every nail'

Wall Street sees 35% Canada tariff as just a negotiation tactic: ‘Tariffs are Trump’s hammer for every nail’

On Thursday, President Donald Trump posted on social media that Canada would be subjected to an additional 35% tariff rate on products not already subjected to sectoral tariffs.  The reason cited for the new tariffs was Canada’s own retaliatory tariffs, which it issued on March 12 in response to earlier levies imposed by the U.S. …

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Trump to meet with Mark Carney, as new Canadian prime minister vows to stand firm against president

Trump to meet with Mark Carney, as new Canadian prime minister vows to stand firm against president

Canadian Prime Minister Mark Carney is meeting with President Trump at the White House Tuesday for the first time since taking office in March and pledging to stand firm against the U.S. president.  U.S.-Canada relations have been strained by Mr. Trump’s tariffs and his comments about making Canada the 51st state. Carney said in his victory…

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