Once called the planet’s most popular politician, President Luiz Inácio Lula da Silva of Brazil faced long odds in next year’s election. President Trump’s tariffs are changing that.
Right-wing Brazilians wanted sanctions against the judge prosecuting Brazil’s former president. President Trump opted for something far bigger — tariffs.
President Trump said the new 50 percent tariffs on Brazilian imports would take effect on Aug. 1, just before Jair Bolsonaro, Brazil’s former president, is to stand trial.
Then-President Jair Bolsonaro of Brazil with President Trump during a visit to the White House in 2019. In Mr. Trump’s first term, few world leaders were a more reliable ally than Mr. Bolsonaro.
With President Trump preparing to revive tariffs this week, some of the world’s biggest exporters are planning a future less dependent on trade with the United States.
As President Trump prepares to revive tariffs this week, some of the world’s biggest exporters are planning a future less dependent on trade with the United States.
The alliance of emerging economies hopes to offer a counterweight to the United States and other Western powers. But military strikes on Iran are testing its unity.
Connexion
