Trump puts 50% tariffs on Brazil and copper while eliminating another tax loophole
Business
Donald Trump South America Tariffs Taxes See all topics Facebook Tweet Email Link Link Copied! Follow President Donald Trump signed executive actions on Wednesday imposing a 50% tariff on Brazil, a 50% tariff on certain copper products and suspending a tax perk for all countries that allowed cheap packages to fly into the US duty-free. Taken together, the moves represented a significant escalation of his administration’s trade war that could increase the prices that US consumers pay on certain
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