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Trump Just Did Lula a Massive Favour With His 50% Tariff Against Brazil
nakedcapitalism.com/2025/07/did-trump-just-guarantee-lulas-2026-re-election-with-his-50-tariff-against-brazil.html
This has little to do with trade — in fact, the US had a $6.8 billion annual trade surplus with Brazil last year — and everything to do with geopolitics.
On Wednesday, Brazil became the latest in a growing list of countries to receive a threatening letter from Donald J Trump. Brazil, the…
This story appeared on nakedcapitalism.com, 2025-07-11 10:45:43.