President Donald Trump’s move to scale back US investments in renewable energy is spurring companies to look to Brazil as an alternative for those projects, according to Finance Minister Fernando Haddad.
The Brazilian government says it is going to create a reception center for deported migrants from the United States following controversy over conditions on a recent flight.
The Brazilian government on Wednesday said it is scrambling to fund a joint operation with United Nations agencies to resettle Venezuelan migrants in Brazil after President Donald Trump imposed a sweeping freeze on U.
US President Donald Trump has reiterated his threat to place 100% tariffs on BRICS nations, as the deadline loomed for him to impose tariffs on Canada and Mexico.
Brazilian and U.S. officials agreed on Wednesday to discuss regularly how Washington will deport migrants from Brazil, as some leaders in Latin America have balked at what they see as poor treatment of their citizens on repatriation flights.
André Corrêa do Lago, the experienced Brazilian diplomat and climate negotiator appointed this week, told the Financial Times that the exit of the US could also allow nations such as China, India and Brazil to take a bigger role in the world’s most important climate talks.
US President Donald Trump on Tuesday referred to China, India, and Brazil as “tremendous tariff-makers” and said that his administration would no longer tolerate such practices, reiterating his commitment to putting “America First.
With Donald Trump settling back into the White House, advocates for the Amazon worry about what his second term will mean for the rainforest.
Trump had previously threatened 100 percent tariffs on BRICS nations -- a bloc including Brazil, Russia, India, China and South Africa -- if they create a rival to the US dollar, which he doubled down on Thursday night.
While Brazil last year posted a hefty trade surplus of $74.6 billion, its second largest on record, its bilateral trade balance with the U.S. was flat. Indeed, until last year, Brazil had run a trade deficit with the U.S. every year since 2007.
Few countries have been hit harder by the soaring dollar and U.S. bond yields than Brazil. But the country has one thing going for it - as U.S. President Donald Trump prepares to levy punitive tariffs on many of America's major trading partners,