Trump hits Brazil with 50% tariff
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President Trump's announcement that the U.S. will stick a 50% tariff on Brazilian goods whacked some of the country's
Having returned to the helm of the environment ministry in 2023, on July 2nd she was summoned before a committee in the lower house of Congress to testify about deforestation. Lawmakers hurled insults at her for almost seven hours.
The U.S. dollar stabilised on Thursday after retreating from a two-week high versus major peers, as markets took President Donald Trump's latest tariff salvos in stride, except in Brazil where a threatened 50% levy sent the real sliding.
Relations between the U.S. and Brazil deteriorated after President Trump sought to halt criminal proceedings against his right-wing ally in the country, former leader Jair Bolsonaro, by imposing steep tariffs on Latin America’s biggest nation.
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Dozens of Brazilian yoga aficionados saluted the sun in Rio de Janeiro for the inaugural class of a free course allowing residents of the Rocinha favela to qualify as yoga teachers.
Live updates and the latest news as the Trump administration is expected to announce new trade actions and Pete Hegseth and Benjamin Netanyahu meet
Brazil's monthly inflation is expected to have slowed for the fourth time in a row in June due in part to lower gasoline prices, a Reuters poll showed. However, the 12-month measure likely remained high,