Brazil scrambles as U.S. tariff deadline looms, talks stall ...Middle East

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Brazil is scrambling to avert punishing 50% U.S. tariffs in a week's time, but high level talks are stalled and U.S. companies are reluctant to confront U.S. President Donald Trump over the issue, officials and industry leaders say. Trump linked the tariffs, which he has said would come into effect on Aug. 1, to Brazil's treatment of former President Jair Bolsonaro, who is on trial over charges of plotting a coup to stop President Luiz Inacio Lula da Silva from taking office. Lula has called the threatened duty "unacceptable blackmail."

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Last updated : 25 July 2025 clock 06:32 PM

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Brazil scrambles as U.S. tariff deadline looms, talks stall ...Middle East

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