Trump’s Brazil tariff ‘sets a scary precedent’ given the U.S. has a trade surplus with the country, economists say
Up next
Author


Economists have been expressing alarm over U.S. President Donald Trump’s plan to hit Brazil with a 50% tariff on Aug. 1 — the largest country-specific levy out of the 22 that Trump has rolled out this week.

You May Also Like
Bank of America customers report outage, with some seeing $0 balances in their accounts

Bank of America customers report outage, with some seeing $0 balances in their accounts

An outage at Bank of America left some of the bank’s customers…
Here’s why Trump’s DJT stock and others like it are lagging the market

Here’s why Trump’s DJT stock and others like it are lagging the market

Hard-to-short stocks can become hugely overvalued.
Stocks surge on inflation data. Trump, bond yields hold key to what’s next.

Stocks surge on inflation data. Trump, bond yields hold key to what’s next.

Investors await details of fiscal and tax policies under Trump’s second term…
U.S. oil benchmark tops $85 a barrel, hits highest level since October as Middle East tensions escalate

U.S. oil benchmark tops $85 a barrel, hits highest level since October as Middle East tensions escalate

The benchmark U.S. oil contract ended above $85 a barrel for the…