Trump, Brazil and Bolsonaro
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12hon MSN
In a series of social media posts, President Donald Trump revealed higher tariff rates for six more countries as part of his ongoing "reciprocal" tariff policy based on bilateral trade deficits.
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 day.
The Indian rupee is likely to open marginally higher on Thursday, supported by the uptick in Asian peers and muted reaction to U.S. President Donald Trump’s latest tariff announcements. The 1-month non-deliverable forward indicated the rupee will open at 85.
7h
New York Magazine on MSNTrump’s Tariff Letters to World Leaders Are Copied and PastedPresident Donald Trump is spamming world leaders with letters threatening massive tariff hikes if they don’t strike trade deals with Washington as the U.S. blows past its own 90-day deadline for deals with 90 countries.
8hon MSN
For four countries, the tariff rates announced Wednesday are below their April 2 levels, while three countries will see an increase — with Brazil hit hard, in particular.
President Donald Trump has extended his deadline to implement tariffs, keeping the global trade network in limbo. Only a few deals have been made despite previous promise.
The American public knows Donald Trump is lying about tariffs. And as MSNBC’s Lawrence O’Donnell explains, they’ve figured it out without any help from the White House press corps who continue to accept his lies as answers.