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Brazil vs U.S. Trade War Escalates | US News
Brazil is firing back at new U.S. tariffs set for July 22, calling them politically motivated and unjustifiable, as the U.S. slaps a 25% tax on Brazilian goods over alleged unfair trade practices. Brazil counters that most U.S. goods enter duty-free and averages just 3.1% tariffs, while threatening WTO-backed retaliation. Diplomatic heat escalates as Brazil’s foreign minister lashes out at U.S. Secretary Marco Rubio, who accuses Brazil’s president of ego-driven trade tactics. This isn’t the first trade spat — despite a U.S. global deficit, Brazil is actually a surplus exporter to the U.S. —…
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