US SEEKS NEW LEGAL GROUNDS FOR TRUMP'S BRAZIL TARIFF THREAT

WASHINGTON: President Donald Trump's administration is preparing a new emergency declaration as a basis for tariffs on Brazil, people familiar with the matter say.

- Bloomberg

The move, which is not yet final, would be necessary to impose Trump's threatened 50% levy on a country whose situation is far different from others who've been hit with reciprocal tariffs. While other nations targeted hold goods trade surpluses with the US, Brazil is