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Brazil vows retaliatory tariffs against US if Trump follows through on 50% import taxes

Brazil vows retaliatory tariffs against US if Trump follows through on 50% import taxes

RIO DE JANEIRO — (AP) — Brazilian President Luiz Inácio Lula da Silva said Thursday that he will impose retaliatory tariffs on the United States if President Donald Trump follows through on a pledge to boost import taxes by 50% over the South...

Brazil's 'Silva' Lining: As Trump Threatens Tariffs, Lula Hits Back At 'Emperor'

Brazil's 'Silva' Lining: As Trump Threatens Tariffs, Lula Hits Back At 'Emperor'

Last Updated:July 10, 2025, 22:46 IST In response, the US president sent a letter to the South American nation, announcing a 50% additional tax on goods made in Brazil Brazilian President Lula da Silva threatened to reciprocate Trump's tariffs....

Argentine ex-president Fernandez ordered to stand trial for graft

Argentine ex-president Fernandez ordered to stand trial for graft

An Argentine judge on Thursday ordered ex-president Alberto Fernandez to stand trial for alleged corruption relating to insurance policies taken out by government departments during his 2019-2023 term. Fernandez will be prosecuted for...

Argentina’s economy sees year-on-year growth following Milei’s controversial austerity measures 

Argentina’s economy sees year-on-year growth following Milei’s controversial austerity measures 

Medellín, Colombia – Argentina’s economy recorded a surge of 7.7% in April 2025 compared to the same month last year, outperforming projected growth rates for the Latin American nation. Since the second half of 2024, the country has continued to...

Brazil's Lula warns of 50% tariffs on U.S. goods after Trump trade threat

Brazil's Lula warns of 50% tariffs on U.S. goods after Trump trade threat

A container ship docked at the Port of Rio de Janeiro in Rio de Janeiro, Brazil, on Thursday, July 10, 2025. Dado Galdieri/Bloomberg via Getty Images hide caption toggle caption Dado Galdieri/Bloomberg via Getty Images RIO DE JANEIRO, Brazil —...

Brazil’s Lula Vows an Eye for an Eye Against Trump’s 50% Tariff

Brazil’s Lula Vows an Eye for an Eye Against Trump’s 50% Tariff

President Luiz Inácio Lula da Silva stated that Brazil will respond to the 50 percent tariff on all its exports to the United States by invoking the Reciprocity Law. On social media, the president defended Brazil’s sovereignty and rejected US...

Brazil has a trade deficit with the U.S. So why did Trump just hit the country with a 50% tariff?

Brazil has a trade deficit with the U.S. So why did Trump just hit the country with a 50% tariff?

President Trump announces new, 50% tariff on Brazilian imports effective Aug. 1 Levy is highest among nearly two dozen new trade fees announced this week Trump cites mistreatment of political ally, former Brazilian President Jair Bolsonaro, in...

Colombia’s Chocolate Cordillera expands scheme supporting women cocoa farmers

Colombia’s Chocolate Cordillera expands scheme supporting women cocoa farmers

Colombian-based sustainable chocolate company, Chocolate Cordillera, has expanded its boundary-pushing programme supporting women cocoa farmers in its native region, writes Neill Barston. The business has built a strong reputation with Latin...

Brazil works to develop response to Trump tariff hike

Brazil works to develop response to Trump tariff hike

Brazil scrambled to craft a measured but strong response to US President Donald Trump’s surprise tariff hike on Thursday in hopes of shielding key industries, while analysts predicted the tariffs would drive the country closer to China. Trump sent...

Brazil is on the brink — this must-see film explains why

Brazil is on the brink — this must-see film explains why

Petra Costa, the fearless Brazilian documentary maker, has followed her Oscar-nominated The Edge of Democracy with another forensic examination of her country’s fraught political system. Bigger, more ambitious and produced by Brad Pitt, Apocalypse...

Why is Latin America shifting to the right?

Why is Latin America shifting to the right?

The second world war ended with an agreement of coexistence that included the creation of the UN multilateral system and a development model that combined the state, the market and democracy as an arena for political dispute. In Latin America,...

Brazil has few exit routes from Trump tariff but feels less pain

Brazil has few exit routes from Trump tariff but feels less pain

By Luciana Magalhaes and Ricardo Brito BRASILIA (Reuters) -When U.S. President Donald Trump linked 50% tariffs on Brazil to the trial against his ally, the country's former far-right leader, Washington left Latin America's largest economy with few...

Brazil weighs response to Trump's 50% tariffs

Brazil weighs response to Trump's 50% tariffs

Brazilian president Luiz Inacio 'Lula' da Silva called his cabinet in for consultations on Thursday as Brazil scrambles its response to US tariffs imposed the day before in connection to the trial of ex-president Jair Bolsonaro. US President...

Argentina Congress passes pension boost despite Milei opposition

Argentina Congress passes pension boost despite Milei opposition

FILE PHOTO: Argentine President Javier Milei poses for a family photo at the Summit of Presidents of MERCOSUR, in Buenos Aires, Argentina, July 3, 2025. REUTERS/Alessia Maccioni/File Photo BUENOS AIRES (Reuters) -Argentine lawmakers on Thursday...

Brazilian oil could find new destinations in the face of Trump's tariffs

Brazilian oil could find new destinations in the face of Trump's tariffs

By Marta Nogueira RIO DE JANEIRO (Reuters) -Brazil has logistical and commercial flexibility to preserve the competitiveness of its oil on the international market if the 50% tariff announced by U.S. President Donald Trump on Wednesday comes into...

Mexico Calls U.S. Border Closure Over Livestock Pest ‘Exaggerated’

Mexico Calls U.S. Border Closure Over Livestock Pest ‘Exaggerated’

Cattle at a border crossing. X/ @fundamentosmx July 10, 2025 Hour: 2:46 pm On Thursday, Mexican President Claudia Sheinbaum called the U.S. Department of Agriculture’s renewed decision to close the border to live Mexican cattle “exaggerated,”...

Brazil senate postpones land-based casino vote once again

Brazil senate postpones land-based casino vote once again

Brazil’s long-running push to legalise land-based casinos has hit another political snag amid rising criticism. The vote on whether to legalise land-based casinos in Brazil has been postponed yet again by the senate. Senate President Davi...

Government extends temporary trade war relief measures for employment insurance

Government extends temporary trade war relief measures for employment insurance

OTTAWA — The federal government is extending changes it made in March to the employment insurance program in response to the trade war with the U.S. The changes were meant to help businesses retain workers by reducing their hours and compensating...

Lula threatens 50% tariff on US goods in retaliation for Trump levy on Brazil

Lula threatens 50% tariff on US goods in retaliation for Trump levy on Brazil

Brazil threatened to hit back against Donald Trump’s plan to introduce 50% tariffs on its exports with its own 50% tariff on US goods, setting the stage for a precipitous trade war. “If he charges us 50%, we’ll charge him 50%,” Luiz Inácio Lula da...

Brazil less vulnerable to U.S. tariffs than other economies, but has little bargaining power

Brazil less vulnerable to U.S. tariffs than other economies, but has little bargaining power

Open this photo in gallery:Brazil is in a stronger position than many other developing nations when it comes to tariffs as the country's trade exposure to the U.S. is relatively low.Pilar Olivares/Reuters When U.S. President Donald Trump linked...

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