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Trump announces 35% tariff on Canadian goods
NBC News· 2025-07-11 02:30
All right, Matt Bradley from Tel Aviv. Matt, thank you. Some breaking news to get to now.President Trump, who's just announced tariffs for Canada imports. The president saying moments ago on Truth Social that there will be a 35% tariff on goods imported from Canada starting on August 1st. A little earlier this hour, we told you about those 50% tariffs he plans to hit Brazil with, and that includes goods like coffee.Also on August 1st, according to the president, we can expect more of that. More to come ther ...
X @The Wall Street Journal
Trump threatened to slap a 35% tariff on some Canadian imports starting Aug. 1 https://t.co/VrjrNDYIEY ...
摩根士丹利:欧洲关于美国可能对工业领域征收 50% 铜关税的初步看法
摩根· 2025-07-11 01:13
July 9, 2025 08:16 AM GMT Capital Goods | Europe Initial thoughts on a potential 50% US copper tariff for Industrials. A tailwind for Rexel and Prysmian In Cap Goods, Copper is typically a less important input cost relative to steel. However, we see specific companies like Rexel (2% US price rises) and Prysmian (Encore margins) that may stand to benefit near-term from potential Copper tariffs. However, demand destruction over time remains a concern. Key Takeaways What happened? News reports suggest US Presi ...
X @CNN Breaking News
CNN Breaking News· 2025-07-11 00:49
President Donald Trump threatened a 35% tariff on goods imported from Canada, a dramatic escalation in an on-again, off-again trade war with the country. https://t.co/nUE2I1MvUH ...
X @Bloomberg
Bloomberg· 2025-07-10 23:23
Peru kept interest rates unchanged as its economy comes under threat from Donald Trump’s plan for a 50% copper tariff https://t.co/w9m3o3gMKc ...
'Witch Hunt that should end IMMEDIATELY': Trump defends Brazil's Bolsonaro in tariff threat
MSNBC· 2025-07-10 20:59
Joining us now, NBC News business and data correspondent Brian Chung, managing editor of The Bull Work, and MSNBC contributor Sam Stein, and senior editor at The Atlantic, and host of Radio Atlantic, Hana Rosen. Brian, uh, first off, explain the trade relationship with Brazil. Yeah, so a lot of Americans might be tuning into the news of the Brazil tariffs and wondering, how is that going to impact the things that I buy at the store. Brazil exports a lot of major goods that we see at the grocery store on a d ...
Trump's 50% tariff on Brazil may be personal – and could cost you at breakfast
NBC News· 2025-07-10 19:19
Trade Policy & Tariffs - US President Trump imposed tariffs on various countries, with a specific focus on Brazil [1] - The tariff rate set for Brazil is 50%, the highest among the letters issued this week [3] - The 50% tariff is threatened to take effect on August 1st [4] US-Brazil Trade Relations - Despite the tariffs, the US maintains a trade surplus with Brazil, exporting more goods than it imports [3] - Key Brazilian exports to the US subject to the tariff include coffee and orange juice [4] - A 50% tariff on these goods is expected to impact American consumers [3][4] Political Considerations - The tariffs on Brazil appear to be driven by political motivations, including President Trump's disagreement with Brazil's social media laws and his view on the trial of Jaier Balssons [2] - President Trump views the trial of Jaier Balssons as a "witch hunt" [2]
X @Bloomberg
Bloomberg· 2025-07-10 17:50
President Donald Trump’s unexpected move to threaten a 50% tariff on Brazil risks roiling global commodity markets, disrupting trade on everything from beef to coffee https://t.co/XDCMVgsOKt ...
X @Bloomberg
Bloomberg· 2025-07-10 15:26
Tariff Clarity Ahead of Earnings - Bloomberg Surveillance https://t.co/YSBtQAvFUB ...
'Purely political': Why Trump's 50 percent tariff on Brazil raises concerns
MSNBC· 2025-07-10 15:23
President Trump sent letters to more countries yesterday threatening higher tariffs if they don't reach a trade deal with the US by August 1st. Of the eight countries who received letters, only Brazil is a major American trading partner, ranking 10th overall. It faces a possible tariff of 50% next month.The higher taxes are because of the trial for its former president Yaier Jaire Bolsinaro. He is a Trump ally who is accused of trying to overturn his 2022 election loss. In the letter announcing Brazil's tar ...