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Trump Signs Order to Justify 50% Tariffs on Brazil
President Donald Trump signed an executive order Wednesday to impose his threatened 50% tariffs on Brazil, setting a legal rationale that Brazil’s policies and criminal prosecution of former President Jair Bolsonaro constitute an economic emergency under a 1977 law.
Some tariffs - for example those on steel and aluminum products - were already affecting the Brazilian economy and had been ...
Brazil's central bank held its benchmark interest rate steady on Wednesday, pausing an aggressive tightening cycle after ...
The International Monetary Fund warns that additional U.S. tariffs on Brazil could result in a more significant slowdown in ...
Brazil, one of the largest emerging economies in Latin America, is grappling with significant economic turbulence as a critical inflation report reveals persistent challenges. Published on July 10 ...
Brazil's central bank will hold its benchmark interest rate at a two-decade high of 15% on July 30, according to a unanimous ...
BRASILIA (Reuters) -The Brazil Treasury's outlook for the country's gross public debt has worsened, with a forecast rise by 10.6 percentage points during President Luiz Inacio Lula da Silva's ...
Brazil’s economic activity dropped far more than expected in May, a signal that sky-high interest rates are starting to weigh on Latin America’s biggest economy.
Mining in Brazil does not deliver the sustained economic benefits often claimed, while informal mining is a major driver of ...
William Jackson, chief emerging markets economist at Capital Economics, said Brazil's economy was on track to grow about 2.3% this year, up from his previous forecast of 1.8%.
The dampened outlook for the U.S. mirrors a slowdown expected for the global economy, the OECD said, predicting global economic growth to fall from 3.4% in 2024 to 2.9% in 2025.
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