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Trump's Tariffs: 50% on Brazil, Risking Economic Fallout
7/12/2025
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Trump's Tariff Blitz
- President Trump is set to impose hefty tariffs beginning August 1: 25% on Japan and South Korea, 35% on Canada, and a staggering 50% on Brazil. This aggressive move seeks to compel these countries into better trade deals, but experts caution that the resulting price hikes could weigh heavily on American consumers and businesses, risking economic slowdown and inflation.
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