Nobel Prize-winning economist Paul Krugman believes tariffs President Trump has threatened to impose on countries, including Mexico and Brazil, are here to stay and will cost U.S. consumers.

Economists have been expressing alarm over U.S. President Donald Trump’s plan to hit Brazil with a 50% tariff on Aug. 1 — the largest country-specific levy out of the 22 that Trump has rolled out this week.

US President Donald Trump announced a new 10 per cent tariff on countries aligning with what he called the 'anti-American policies'.

Brazil is playing host to a summit of the Brics bloc of developing economies Sunday and Monday during which pressing topics like Israel’s attack on Iran, the humanitarian crisis in Gaza and trade tariffs imposed by US President Donald Trump are expected to be handled with caution.

BRICS summit in Brazil focuses on non-controversial issues amid absence of key leaders, aiming to avoid Trump's attention. Mr. Trump has threatened to impose 100% tariffs against the bloc if they ...

Sweeping U.S. tariffs could prove relatively advantageous for Brazil, Latin America's largest economy, despite President Donald Trump's move to impose a 10% levy on its exports to the United ...