News

U.S. tariffs on Brazil will cause Mercosur bloc to shift beef exports
A stiff increase in U.S. tariffs on Brazilian exports is expected to sharply reduce U.S. imports of beef, prompting sourcing ...
'I will call Xi, I will call Modi': Brazil president turns to Brics after tariff blow, puts Donald Trump on mute
Trump had previously said Lula was free to call “anytime,” a move even welcomed by Brazil’s finance minister. But Lula has ...
Brazil Chooses Local Relief Over Retaliation for US Tariffs, Sources Say
Brazilian President Luiz Inacio Lula da Silva initially said he would respond under the country's Economic Reciprocity Law, ...
From Laos to Brazil, Trump's tariffs leave a lot of losers. But even the winners will pay a price
President Donald Trump’s tariff onslaught this week left a lot of losers – from small, poor countries like Laos and Algeria ...
Trump puts 50% tariffs on Brazil and copper, eliminates a tax loophole and hints at new deals
President Donald Trump signed executive actions on Wednesday imposing a 50% tariff on Brazil, a 50% tariff on certain copper ...
Brazil's Supreme Court caught off guard by order to arrest Bolsonaro, sources say
Brazil's Supreme Court was caught off-guard by Justice Alexandre de Moraes' decision late on Monday to place former President ...
China welcomes 183 Brazil coffee sellers in wake of US tariffs
China has approved 183 new Brazilian coffee companies to export products to the Chinese market, according to a social media ...
Brazil Central Bank Ratchets Up Cautious Stance on US Tariffs
Brazil’s central bank said it will keep a cautious stance on monetary policy as it works to tame above-target inflation, ...
Starbucks under pressure again as Brazilian tariffs hike coffee costs
A new 50% tariff on Brazilian coffee imports could squeeze Starbucks' margins and force the company to rethink its supply ...