16-07-2026 06:30 via ft.com

Trump administration slaps 25% tariff on Brazil as bilateral ties deteriorate

Levy is part of a deepening rift between Washington and Brasília ahead of South American presidential election
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Economy news



Number of over-65s paying tax surpasses 10 million for the first time
Number of over-65s paying tax surpasses 10 million for the first time
Russian strikes threaten Ukraine’s Black Sea grain trade
Why socialists should embrace luxury apartments
US targets Brazil with tariffs as relations deteriorate
FirstFT: The pros and cons of California’s wealth tax
Beige Book shows robust US economy, labour market picking up
US lawmakers urge Trump administration to ban Chinese memory chips
FirstFT: UK business struggles to contact Burnham
Trump administration slaps 25% tariff on Brazil as ties deteriorate
Panama officials visit Beijing in push to end shipping row
Panama officials visit Beijing in bid to end shipping row
India Inc goes on a foreign buying spree
South Korea stocks slump after first rate rise in 3 years
US will not win Iran war from the air, Trump’s ex-defence chief warns
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