Trump, Brazil and Tariff
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Inquirer Business on MSNBrazil vows retaliatory tariffs against United StatesBrazilian President Luiz Inácio Lula da Silva said Thursday that he will impose retaliatory tariffs on the United States. That is, if President Donald Trump follows through on a
President Trump on Wednesday said he would be sending letters to over 150 countries as he plans a barrage of duties to take effect Aug. 1, including levies on pharmaceutical imports and semiconductors.
While Mexico was spared from Trump's so-called "Liberation Day" tariff rollout on April 2, the 30% rate for the E.U. is 10 percentage points higher than what the president said he would apply to America's largest trading partner in April but lower than his mid-May threat of 50%.
Partners are negotiating options in the face of international economic and security issues. Ms. Kehnemui is a 12-year veteran of FoxNews.com, where she was a reporter and then senior politics editor. She subsequently worked as managing director of digital communications at American Enterprise Institute.