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What’s behind Trump’s 50 percent tariff for Brazil despite trade surplus?

What’s behind Trump’s 50 percent tariff for Brazil despite trade surplus?

United States President Donald Trump has threatened Brazil with a 50 percent tariff, citing the criminal charges against its former president and his political ally Jair Bolsonaro, who is accused of plotting a coup. In a letter to Luiz Inacio Lula...

Little market reaction to RBNZ's on-hold decision; NZD steady

Little market reaction to RBNZ's on-hold decision; NZD steady

Newsflow has been light, but equity investors continue to pay little regard to Trump’s tariff threats, with US and European markets stronger overnight. US Treasury yields have reversed course, with modest falls. Net currency movements have been...

Malaysia urged to reinvent its textile legacy

Malaysia urged to reinvent its textile legacy

KUALA LUMPUR: Malaysians are being urged to safeguard the nation’s rich textile heritage by embracing innovation and reimagining tradition for the modern age. National Unity Minister Datuk Aaron Ago Dagang said traditional textiles, each unique in...

General : Aaron Calls For Deeper ASEAN Partnerships In Textile Preservation

General : Aaron Calls For Deeper ASEAN Partnerships In Textile Preservation

KUALA LUMPUR, July 9 (Bernama) -- National Unity Minister Datuk Aaron Ago Dagang has urged ASEAN countries to forge stronger regional partnerships to preserve, sustain and innovate the region’s rich textile heritage. In delivering his welcoming...

Ha Long, Hoi An, Sa Pa among top 15 Southeast Asia tourist destinations: Gulf News

Gulf News, one of two English-language daily publications in the Persian Gulf region, listed the main reasons for its destination picks as being a mix of iconic cities, cultural treasures, tropical escapes, and foodie havens. A fishing boat glides...

Trump unveils 30% tariff on Iraq in latest batch of trade letters

Trump unveils 30% tariff on Iraq in latest batch of trade letters

Donald Trump unveiled a 30 per cent tariff on Iraqi imports on Wednesday, with Iraq becoming the latest in a series of countries to have received a so-called trade letter from the US President. The latest tariff on Baghdad is 9 per cent lower than...

Trump pledges 50% tariff on goods from Brazil

Trump pledges 50% tariff on goods from Brazil

President Donald Trump said he is considering 50% tariffs on imports from Brazil over the country’s prosecution of its former president, Jair Bolsonaro Trump accused the Brazilian government of conducting a “witch-hunt” against Bolsonaro, who is...

Trump Says Tariffs Based on ‘Common Sense’

Trump Says Tariffs Based on ‘Common Sense’

Jeff Mordock | July 10, 2025 (The Washington Times) — President Trump said Wednesday that he used ‘common sense’ to calculate the steep tariffs that he slapped on countries unless they can broker new trade deals with the United States. Mr. Trump...

While You Were Sleeping: 5 stories you might have missed, July 10, 2025

While You Were Sleeping: 5 stories you might have missed, July 10, 2025

Rough hearing for Trump’s Singapore envoy nominee President Donald Trump’s ambassador-nominee to Singapore, Dr Anjani Sinha, struggled to defend America’s tariff policies during an unexpectedly tough Senate confirmation hearing. The two-hour-long...

President Trump tariffs goods from Brazil at 50%

President Trump tariffs goods from Brazil at 50%

President Donald Trump speaks during a lunch with African leaders in the State Dining Room of the White House, Wednesday, July 9, 2025, in Washington. (AP Photo/Evan Vucci) WASHINGTON (AP) — President Donald Trump singled out Brazil for import...

58th AMM: Anwar Receives Courtesy Call From ASEAN Foreign Ministers, Sec-Gen

58th AMM: Anwar Receives Courtesy Call From ASEAN Foreign Ministers, Sec-Gen

By Maizatul Jamny Muhammad Rosli KUALA LUMPUR, July 9 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim on Wednesday received a courtesy call from ASEAN Foreign Ministers, marking the start of a series of high-level engagements in conjunction...

Wall Street shrugs off Trump's fresh trade war rhetoric, investors holding firm

Wall Street shrugs off Trump's fresh trade war rhetoric, investors holding firm

White House Council of Economic Advisors Chair Stephen Miran explains why tariffs are not causing a spike in inflation on 'Varney & Co.' As President Donald Trump ramps up his trade war rhetoric, Wall Street remains largely unfazed, with investors...

AP Business SummaryBrief at 3:46 p.m. EDT

Trump sends out tariff letters to 7 more countries but he avoids major US trade partners WASHINGTON (AP) — President Donald Trump has sent out tariff letters to seven smaller U.S. trading partners in his first batch of import tax announcements of...

Trump announces 50 per cent tariffs on Brazil

Trump announces 50 per cent tariffs on Brazil

The White House has shared letters sent by Trump to leaders of these seven nations, which mentioned the tariffs they will face while exporting goods to the US US President Donald Trump announced a 50 per cent tariff on imports from Brazil,...

Trump announces 50 pc tariffs on Brazil

Trump announces 50 pc tariffs on Brazil

Washington US President Donald Trump announced a 50 per cent tariff on imports from Brazil, starting August 1 and called the trial of former Brazilian President Jair Bolsonaro a "witch hunt", adding that the "trial should not take place." In the...

The Latest: Trump’s new 50% tariffs for Brazil stem from his disapproval over Bolsonaro trial

The Latest: Trump’s new 50% tariffs for Brazil stem from his disapproval over Bolsonaro trial

President Donald Trump cited what he called unfair treatment of Brazilian former President Jair Bolsonaro as he announced the new 50% duties on import goods from the South American nation, showing that personal grudges rather than simply economics...

AP Business SummaryBrief at 2:41 p.m. EDT

Trump sends out tariff letters to 7 more countries but he avoids major US trade partners WASHINGTON (AP) — President Donald Trump has sent out tariff letters to seven smaller U.S. trading partners in his first batch of import tax announcements of...

The Dangers in My Heart Theatrical Film Coming February 2026, New Teaser Visual & PV Released

The Dangers in My Heart Theatrical Film Coming February 2026, New Teaser Visual & PV Released

Tokyo, Japan (Monday, June 30, 2025): TV Asahi is thrilled to announce the award-winning The Dangers in My Heart Japanese theatrical release is announced for February 13, 2026 (Friday)! The international release will be revealed at a later date....

Donald Trump Announces 50 Per Cent Tariffs On Brazil, Calls Jair Bolsonaro’s Trial ‘Witch Hunt’

Donald Trump Announces 50 Per Cent Tariffs On Brazil, Calls Jair Bolsonaro’s Trial ‘Witch Hunt’

US President Donald Trump announced a 50 per cent tariff on imports from Brazil, starting August 1 and called the trial of former Brazilian President Jair Bolsonaro a “witch hunt”, adding that the “trial should not take place.” In the letter...

Trump hikes tariffs to 50% on copper and Brazilian imports

Trump hikes tariffs to 50% on copper and Brazilian imports

U.S. President Donald Trump during a meeting in the State Dining Room of the White House in Washington, D.C., U.S., July 9, 2025. /VCG U.S. President Donald Trump during a meeting in the State Dining Room of the White House in Washington, D.C.,...

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