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Economist: Trumps 50% tariff on Brazil sets dangerous precedent

By: odaily.com|2025/07/11 07:26:37

Odaily News Trump announced that he would impose a 50% tariff on Brazilian goods on August 1, sparking strong criticism from the economics community. Many experts pointed out that the United States has long maintained a trade surplus with Brazil, and the reason for this move is absurd, or it may be using the Bolsonaro trial to interfere in the internal affairs of other countries. Analysts are worried that Trump is turning tariffs into a multi-functional diplomatic tool, setting a precedent for interfering in the judiciary and digital sovereignty. (Jinshi)

Bedrock: BR "Meltdown" Affected Users Can Now Claim Special Airdrop Compensation

The whale who shorted BTC multiple times added another 3 million USDC margin, with a floating loss of 10.96 million US dollars and a liquidation price of 123,691 US dollars