economic reciprocity law, which allows trade, investment and intellectual property agreements to be suspended against countries that harm Brazil’s competitiveness. For record, the US has had a trade surplus of more than $410 billion with Brazil over the past 15 years. Therefore, Lula’s assertion seems credible. But for Trump, personal relations

cent tariff on EU food and agriculture exports. He also threatened leaders of developing nations in the BRICS group, who were meeting in Brazil, with an additional 10 per cent if they adopt “anti-American” policies. As regards Indonesia, it sent its top negotiator to Washington as it planned to increase its agricultural and energy imports from

While announcing levies on the 14 countries, Trump hinted for additional negotiations, while at the same time warning that any reprisal steps would be met with a like-for-like response. Interestingly, Singapore was not among the 14 countries to which Trump sent letters. Currently Singapore is subject to the baseline tariff rate of 10 per cent. In M

The loss of the moderating influence of such a large body of water also made summers hotter and winters colder. Fortunately, the Aral Sea is gradually recovering. With efforts ranging from planting black saxaul trees to slow the encroaching dunes to building multimillion-dollar dams such as the Kok-Aral dam, the various conservation and preservatio

credit rating agencies such as Moody’s had previously downgraded the U.S. credit rating due to the expansionary fiscal policies outlined in the OBBBA budget, which aimed to increase the fiscal deficit. Given that Trump could not lower the interest rate benchmark, the need for structural adjustments became an unavoidable reason for his compromise.