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Lula asks Trump to explain 25% tariffs on Brazil, speaks of a “war of truth”
Brazilian President Luiz Inácio Lula da Silva publicly called on his US counterpart, Donald Trump, to explain the reasons behind the 25% tariffs he imposed on most Brazilian products, a measure Brasília attributes to political rather than commercial motives. The levies, announced on July 15 by the Office of the US Trade Representative, will take effect on July 22.
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cryptobriefing.com
US to impose 25% tariff on Brazilian imports at Trump's direction, escalating trade war with world's 10th largest economy
The US is proposing 25% tariffs on Brazilian imports targeting digital trade and PIX payments. Here's what it means for crypto and risk assets.
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cnbc.com
U.S. slaps 25% tariff on most Brazilian goods over 'unfair trade practices'
A separate U.S. probe into forced-labor enforcement could see an additional 12.5% duty on Brazilian goods on top of the 25%, with the decision due next week.
