‘Blackmail’: Brazilian President Lula slams Trump’s 50% tariff; threatens retaliation

Brazilian President Luiz Inacio Lula da Silva Brazilian President Luiz Inacio Lula da Silva on Monday denounced what he called “tariff blackmail” after the United States imposed a 50 per cent import charge on Brazilian goods.“Tariff blackmail is being normalised as an instrument for market conquest and to interfere in domestic affairs,” Lula said during […]

It’s T-Day: India braces for impact as Trump’s 50% tariff kicks in today | India News

The TOI correspondent from Washington: The United States on Monday declared what is effectively a limited trade war on India, notifying a 50% tariff (25% taxes plus 25% penalty) on most goods imports from India.Issued by the department of homeland security, the notification said the tariffs are in response to “threats to the United States […]