Brazilian President Jair Bolsonaro’s US-focused foreign policy efforts suffered a severe setback when his American counterpart Donald Trump pledged to impose tariffs on steel and aluminium on the South American nation. File photo: EPA

Tariff shock: Brazil’s president learns friendship with Trump isn’t real

  • Brazil’s President Jair Bolsonaro has made his relationship with Donald Trump a cornerstone of his diplomacy
Topic |   Trade

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Brazilian President Jair Bolsonaro’s US-focused foreign policy efforts suffered a severe setback when his American counterpart Donald Trump pledged to impose tariffs on steel and aluminium on the South American nation. File photo: EPA
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Monday’s protectionist flurry came US President Donald Trump was expected in London for a Nato summit. Photo: EPA

‘Effective immediately’: US opens new fronts in trade war, targeting Brazil, Argentina and France

  • US President Donald Trump announced plans to reimpose tariffs on steel and aluminium from Brazil and Argentina, hitting back at what he called their ‘unfair’ policies
  • The Trump administration is also proposing tariffs on up to US$2.4 billion worth of French imports in retaliation for France’s tax on American tech giants
Topic |   US-ally trade wars

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Monday’s protectionist flurry came US President Donald Trump was expected in London for a Nato summit. Photo: EPA
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