Trump’s Brazil tariff ‘sets a scary precedent’ given the U.S. has a trade surplus with the country, economists say

Why did Nvidia hit a $4 trillion market cap? How will Trump’s 50% tariffs impact Brazil trade? Why is Amazon considering more investment in AI startup Anthropic? What caused Indeed and Glassdoor's recent 1,300 job cuts? How did Delta’s earnings raise airline sector stocks? Why is TikTok under new European privacy investigation? What led to Ford’s recall of over 850,000 vehicles?

Trump’s Brazil tariff ‘sets a scary precedent’ given the U.S. has a trade surplus with the country, economists say

marketwatch.com/story/trumps-brazil-tariff-sets-a-scary-precedent-given-the-u-s-has-a-trade-surplus-with-the-country-economists-say-38a88bd7

Economists have been expressing alarm over U.S. President Donald Trump’s plan to hit Brazil with a 50% tariff on Aug. 1 — the largest country-specific levy out of the 22 that Trump has rolled out this week.

This story appeared on marketwatch.com, 2025-07-10 20:31:00.