On July 9, 2025, global trade faced new challenges as the US imposed tariffs, impacting economies worldwide. India and Brazil, key players, responded strongly. India condemned the tariffs, particularly those linked to its Russian oil purchases, emphasizing its need for affordable energy and highlighting US trade with Russia.
Brazil is preparing a WTO challenge and considering negotiations. Trump announced a 50% tariff on Brazilian exports. Both nations, with significant US economic ties, are exploring options to protect their interests. India stressed its reliance on oil imports and the US's prior encouragement of such trade. Brazil is also seeking relief for its exporters, facing a substantial tariff increase and the complexities of a politicized trade dispute, signaling potential for further economic friction.
5 Comments
Fuerza
It's time for a trade war, time to put American interests first. This should have happened sooner.
Manolo Noriega
Good for the US! India needs to find other trading partners. They were warned.
Fuerza
This could unravel decades of global trade agreements. A major step backward.
Ongania
Expect retaliation. India and Brazil have a lot of leverage in this situation.
Manolo Noriega
Good for the US! India needs to find other trading partners. They were warned.