A scheduled Brazil-US meeting has been canceled as tensions escalate over tariffs, Brazil’s finance minister confirmed. This clash underscores the growing trade friction between these two economic giants
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Brazil is gearing up to respond to the recent US tariff hike with a smart, credit-driven strategy, Finance Minister Paulo Guedes announced. This bold initiative aims to shield the economy amid rising trade tensions. President Lula is expected to receive a detailed presentation of the plan very soon
Canada’s finance chief dialed down hopes for a tariff-free trade deal with the U.S., highlighting the challenging path that lies ahead in negotiations. This frank admission casts a spotlight on the intense tensions driving the future of bilateral trade discussions
UK markets plunged dramatically on Thursday, echoing the intense selloff of 2022, as growing concerns over the finance minister’s policies sent shockwaves through investors. Anxiety soared amid rising fears of economic instability and surging market volatility, Reuters reports
Italy’s Finance Minister has dropped hints about a possible resignation, as the government grapples with escalating divisions regarding the future of UniCredit. This growing rift presents serious challenges for the administration, sparking worries about economic stability and investor confidence.
UK Finance Minister Jeremy Hunt is set to advocate for enhanced defense spending cooperation at an upcoming EU meeting, emphasizing the need for collective security amid global uncertainties. His remarks aim to foster unity in defense initiatives across Europe.
Brazil’s Finance Minister has revised the estimated costs of a proposed tax exemption, lowering it to $4.75 billion. This adjustment aims to alleviate concerns over fiscal impact while stimulating economic growth, according to Reuters Canada.