Trump's 50% tariff on Brazil poses challenge for Lula to manage economy
Washington, July 31 (HS): In April, President Trump announced a 10% tariff on Brazilian goods, the lowest base rate for imports from most countries. As the 90-day pause on these tariffs expires, Trump escalates the rate to 50%, potentially igniting a trade war with Brazil, which exports substantial amounts of beef, coffee, and steel to…