Brazil is a sovereign country in South America, bordered by every South American nation except Chile and Ecuador, and the largest country in the region.
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The Trump administration proposed a 25% tariff on imports from Brazil, while Brazil’s president rejected the move and said his government may retaliate.
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China’s flood of cheap goods is pressuring Latin American markets, and Mexico and Brazil are moving to protect local industries while Temu helps drive the import surge.
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Brazil’s Supreme Court convicted Jair Bolsonaro of trying to stage a coup, but the former president is still expected to remain a major force in Brazilian politics.
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Brazil’s Supreme Court moved closer to convicting former President Jair Bolsonaro in a coup plot trial after two justices voted to find him guilty.
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Brazil said it would hit back with 50% tariffs on U.S. goods if President Donald Trump follows through on his threat to raise import taxes on Brazil.
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