Business News›News›International›World News›'50% tariff & probe!': Trump’s big trade strike triggers Brazil meltdown; Lula fumes at US President
'50% tariff & probe!': Trump’s big trade strike triggers Brazil meltdown; Lula fumes at US President
Tensions escalate between the US and Brazil as Donald Trump launched a Section 301 trade investigation into Brazil’s alleged unfair practices, just days after announcing a massive 50% tariff on Brazilian goods. The probe targets a wide range of issues, including digital censorship, preferential tariffs, ethanol barriers, and deforestation enforcement failures.
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