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Trump slaps Brazil with 50% tariff, explicitly tying action to trial of ally Jair Bolsonaro

President Donald Trump singled out Brazil for import taxes of 50% on Wednesday for its treatment of its former president, Jair Bolsonaro, showing that personal grudges rather than simple economics are a driving force in the U.S. leader’s use of tariffs. Trump avoided his standard form letter with Brazil, specifically tying his tariffs to the trial … Read more

Trump slaps 50% tariff on Brazil over Bolsonaro trial, trade

U.S. President Donald Trump answers questions during a multilateral lunch with African leaders in the State Dining Room of the White House July 9, 2025 in Washington, DC. Win McNamee | Getty Images President Donald Trump said Wednesday the U.S. will slap a 50% tariff on Brazil’s imports starting Aug. 1, partly in retaliation for … Read more

Brazil Ends Crypto Tax Exemptions, Will Now Charge 17.5% Capital Gains Tax

Brazil has enacted a sweeping overhaul of its crypto taxation policy. The country has ended its longstanding tax exemptions for small-scale crypto investors. Brazil will now impose a flat 17.5% capital gains tax on all profits from digital asset transactions.  Effective from 12 June 2025, all crypto transactions – regardless of value or volume – … Read more

Brazil ends crypto tax break, imposes 17.5% levy on gains

Brazil is taxing cryptocurrency profits at a flat rate, having scrapped the monthly exemption previously granted to small-scale investors. Starting June 12, a 17.5% capital gains tax applies to all crypto transactions, regardless of the value or volume, as part of Provisional Measure 1303, introduced by the federal government to increase revenue from financial market … Read more

Critics urge the New York Stock Exchange to reject listing JBS, one of the world’s largest meat companies, claiming it’s illegally profiting from deforested land in Brazil

Brazilian meat giant JBS expects its shares to begin trading Friday on the New York Stock Exchange. Trading in New York is a long-held goal for JBS, which was founded 72 years ago and is now one of the world’s largest meat companies. Half of its annual revenue comes from the U.S., where it has more than … Read more

YouTube will stream NFL Week 1 game in Brazil for free

Patrick Mahomes, #15 of the Kansas City Chiefs, throws a pass in the first quarter against the Philadelphia Eagles during Super Bowl 59 at Caesars Superdome in New Orleans, Louisiana, on Feb. 9, 2025. Gregory Shamus | Getty Images Sport | Getty Images YouTube will stream the National Football League’s Week 1 game on Sept. … Read more

Playboy Model Lori Harvey Stuns in Brazil Bikini Pics

Lori Harvey knows how to nail a sexy bikini moment. Harvey, 28, took to Instagram on Thursday, April 24, to show off snaps from her tropical getaway to Brazil. In one photo, she teased a bikini snap while wearing a black triangle top with a halter neckline. Lori, the daughter of Steve Harvey and Marjorie … Read more

Brazil jails crypto scheme operators to a combined 171 years

Brazil’s federal court has sentenced three members of the collapsed crypto scheme Braiscompany to a combined 171 years in prison, marking one of the country’s harshest penalties in a financial fraud case. Joel Ferreira de Souza, identified as the main operator of the pyramid scheme, was sentenced to 128 years, 5 months, and 28 days … Read more

Trump’s China trade war a ‘boon’ for Brazil but sends US farmers reeling

The US and China’s dizzying tariff tit-for-tat has spurred Brazil’s agricultural sector and pummelled American farmers, as Beijing looks to Latin America’s largest economy for a swath of goods from soyabeans to beef. Brazil was a major winner in President Donald Trump’s first trade war with China, dramatically expanding its then-narrow lead over the US … Read more

Japan and Brazil vow to bolster strategic ties as security and trade worries rise

Brazil’s President Luiz Inacio Lula da Silva (L) walks with Japan’s Emperor Naruhito (R) during a welcoming ceremony at the Imperial Palace in Tokyo on March 25, 2025.  Yoshikazu Tsuno | Afp | Getty Images Japan and Brazil on Wednesday agreed to establish a framework for foreign policy and defense exchanges during a state visit … Read more

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