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Weekly Report - 17 July 2025 (WR-25-28)
BRAZIL: Trump tariff threats boost government
Following US President Donald Trump’s announcement on 9 July that a 50% tariff rate would be imposed on Brazilian imports from 1 August onwards, Brazil’s President Luiz Inácio Lula da Silva has insisted that his government will seek to negotiate with the US, but has not ruled out the possibility of reciprocal tariffs or trade barriers. Lula’s defiant stance in the face of Trump’s threats appears to be winning him more public support, with a survey released by national pollster Genial/Quaest on 15 July showing a slight increase in the government’s approval ratings.
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- ARGENTINA: Propping up the peso
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- HAITI: Struggling to break the deadlock
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