July 10, 2025 9:34 AM
US President Trump announces fresh tariffs on imports from 8 nations; Brazil faces 50% rate
US President Donald Trump has announced a fresh round of tariffs on imports from eight nations - Brazil, Sri Lanka, Algeria, Iraq, Libya, the Philippines, Moldova and Brunei. These tariffs will come into effect on August 1. Brazil got the highest tariff rate of the bunch, at 50 per cent. As mentione...