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




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.



Source link

More From Author

Is Amazon’s Prime Day sale losing its appeal? Some early data suggest shoppers are spending less this year.

Stock indexes are back at record highs — even if individual stocks aren’t

Leave a Reply

Your email address will not be published. Required fields are marked *