Brazil threatens to tax US tech giants if Trump imposes 25% tariff on steel imports.

Brazil may impose taxes on US tech giants like Amazon, Facebook, and Google if President Trump's 25% tariff on steel imports goes into effect. Brazil, a major supplier of steel to the US, could retaliate against the tariff, which could impact its $6.37 billion in steel and aluminum exports to the US. The country's Finance Minister has stated that official comments will be made once Trump's measures are announced.

5 weeks ago
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