Money managers from Aberdeen Group Plc to Franklin Templeton are staying bullish on Brazil, betting the country will withstand its unexpected turn in the epicenter of Donald Trump’s trade war. One reason: The fairly closed Brazilian economy,

President Donald Trump announced a blanket 50% tariff on imports from Brazil, citing his anger over the country's treatment of its former president, Jair Bolsonaro. Trump's tariffs would be imposed using the International Emergency Economic Powers Act,

The president signaled he would seek to use the threat of steep levies to reorient trade and protect his political allies.

President Trump says Brazil’s former right-wing leader, President Bolsonaro, who is standing trial in Brazil for allegedly plotting to assassinate his left-wing successor, is an honest man. Mr. Trump is threatening Brazil with a 50 percent tariff due to Mr.

The president said the blanket 35% would be on top of tariffs on certain sectors. That’s higher than the previous 25% rate.

The twists and turns in U.S. President Donald Trump's tariff policies have not only rattled global financial markets but have also taken investors on a roller-coaster ride. Adding to the uncertainty are tariff-related legal challenges and Trump's assertion that he would hammer out bilateral deals with trade partners.

President Donald Trump is heading to Texas with first lady Melania Trump to survey flood damage to tour areas devastated by flash flooding. Late Thursday, Trump announced that a 35% tariff rate would go into effect on Canada starting Aug.