Trump, BRICS and tariff
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2hon MSN
Donald Trump's 50% tariff on Brazilian imports has ignited a diplomatic clash with President Lula, who decried “tutelage” and vowed retaliation. Trump defends Bolsonaro amidst his trial for allegedly plotting a coup,
Trump’s new tariff letters have sent shockwaves across global markets as he targets 22 countries with tough new trade threats just weeks before the August 1 deadline. From close allies like Japan and South Korea to BRICS nations like Brazil and South Africa,
President Donald Trump’s threat to impose new tariffs on India over its participation in the BRICS forum puts New Delhi in a tough position as it races to finalize a favorable trade deal with the US.