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White House defends tariffs on Brazil despite trade surplus

Pressed by Karl about Trump’s recent criticism of Federal Reserve Chair Jerome Powell, Hassett echoed the White House’s criticism of recent cost overruns in the renovation of the Fed’s Washington, D.C., headquarters.

Barron's · 3h

Hassett Defends 50% Tariff on Brazil Imports

Kevin Hassett, a top economic advisor to President Trump, was out defending the administration's threat of a 50% tariff on imports from Brazil. The U.S. has a trade surplus with Brazil, in contrast to

Associated Press News on MSN · 2d

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

Brazilian President Luiz Inácio Lula da Silva says he will impose retaliatory tariffs on the United States if President Donald Trump follows through on a pledge to boost import taxes by 50%.

Trump, European Union and Mexico

The Wall Street Journal on MSN · 20m

U.S. Allies Grope for Response to Trump’s Tariff Squeeze

America’s biggest trading partners have tried tactics ranging from appeasement to retaliation to avoid higher tariffs. All find themselves faced with similar threats from Washington.

Politico · 1d

Trump threatens 30 percent tariffs on the EU, Mexico

President Donald Trump on Saturday threatened 30 percent tariffs on two major U.S. trading partners — the European Union and Mexico. In letters posted to Truth Social, the president said each country would face the new tariffs starting Aug.

U.S. News & World Report · 1d

Trump Intensifies Trade War With Threat of 30% Tariffs on EU, Mexico

By Jarrett Renshaw, Bhargav Acharya and Cassandra Garrison WASHINGTON/MEXICO CITY (Reuters) -President Donald Trump on Saturday threatened to impose a 30% tariff on imports from Mexico and the European Union starting on August 1,

Tariffs on Brazil Could Leave Coffee Drinkers With a Headache

Trump’s pledge to place a 50 percent tariff on all imports from the South American nation will drive up the prices of coffee ...

2don MSN

Trump's 50% tariff on Brazilian goods like coffee and orange juice could drive up US breakfast costs

President Donald Trump’s threat to boost import taxes by 50% on Brazilian goods could drive up the cost of breakfast in the ...

1hon MSN

Trump’s anger over Bolsonaro case leaves top adviser fumbling to justify ‘punishing’ tariffs on Brazil: ‘So, what is it?’

Donald Trump's economic adviser, Kevin Hassett, struggled to justify the rationale for “punishing” new tariffs on imports from Brazil during an appearance on ABC’s This Week.Host Jonathan Karl ...

2don MSN

Trump's 50% Brazil tariff stretches emergency powers already facing court challenge

Critics say the tariff on Brazil could further erode the Trump administration's credibility as it pursues an aggressive trade ...

Targeting Brazil, Trump Tests Legal Limit of His Tariff Powers

The president signaled he would seek to use the threat of steep levies to reorient trade and protect his political allies.

3hon MSN

Head of Trump’s economic council circles around questions on 50 percent tariff on Brazil

Kevin Hassett appeared to deflect questions on how the new tariff will benefit America despite the U.S. having a trade surplus with the South American country.

8hon MSN

Trump's Tariffs, Tax Cuts, And Tensions With Brazil Stir The Pot: This Week In Economy

The past week has been a whirlwind of economic and political events. From record-breaking customs duty collections to ...

3don MSN

Trump tariffs goods from Brazil at 50%, citing ‘witch hunt’ trial against country’s former president

President Donald Trump is singling out Brazil for import taxes of 50%, citing its treatment of its former president, Jair ...

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