Brazil Acknowledges Possibility of No US Trade Deal by August 1
Brazil's finance minister said on Monday his country would not give up negotiating with the US but acknowledged that a trade deal may fail to be reached by August 1, when President Donald Trump's 50% tariffs on Brazilian goods are due to take effect.
"That could happen," Fernando Haddad told radio station CBN in an interview, saying Latin America's largest economy was still awaiting a response from Washington on trade proposals initially submitted in May...
To Read Full Story Login Below.