Latest / Spokane News Today | 2 Min | The Daily News Now!
U.S. Slaps 25% Tariffs on Brazil | Spokane News
The U.S. is launching a major trade showdown with Brazil by slapping 25% tariffs on thousands of imports — the first country targeted under this new U.S. strategy — citing digital trade and deforestation concerns, though Brazil’s President Lula calls it politically motivated. With 30 months of stalled talks and no resolution in sight, Brazil is preparing legal retaliation via its Reciprocity Law and the WTO, while other nations like India watch nervously as the U.S. signals it’s willing to weaponize trade for leverage. Despite exemptions for beef, coffee, and energy worth $11 billion, Brazil…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.