Economy

The United States, under the direction of former President Donald Trump, implemented a 50% tariff on select Brazilian imports, while also placing sanctions on a Brazilian judge involved in a high-profile case connected to ex-president Jair Bolsonaro. These measures, announced during a period of escalating tensions, signaled a sharp shift in diplomatic and economic relations between Washington and Brasília.The imposition of the hefty tariffs, which affect key Brazilian exports, marked one of the most severe trade actions against the South American nation in recent years. U.S. officials cited concerns over Brazil’s economic policies, trade imbalances, and political developments as justification…

Efforts to finalize a trade agreement between the European Union and the United States are still in progress, with European representatives voicing growing frustration over the terms proposed by the U.S., particularly under the framework shaped during former President Donald Trump’s administration. While talks between the two sides have continued with cautious optimism, the core issues that have hindered progress remain largely unresolved.The proposed deal was intended to ease trade tensions and eliminate specific tariffs that have affected transatlantic commerce in recent years. However, European negotiators argue that the deal, as it currently stands, disproportionately benefits the United States and…

Adidas is preparing to adjust its pricing strategy in response to mounting financial pressure from increased U.S. import tariffs, which are projected to raise the company’s expenses by approximately €200 million. This anticipated cost spike is prompting the German sportswear giant to pass part of the financial burden onto consumers, especially in key markets like the United States.La corporation ha indicado que estos costos adicionales son mayormente impulsados por modificaciones en la política comercial, en especial los nuevos o aumentados aranceles aplicados a productos fabricados en lugares como China y luego exportados a los Estados Unidos. Para una marca con…

U.S. companies are encountering increasing obstacles in the form of rising global tariffs, as international trade dynamics grow more complex and less predictable. The evolving landscape of import and export duties, combined with shifting geopolitical alliances, is creating what many business leaders are describing as a “nightmare” scenario—one that threatens to disrupt supply chains, inflate costs, and undermine competitiveness across multiple industries.The growing wall of tariffs is not the result of a single policy decision, but rather a culmination of trade tensions, retaliatory measures, and strategic economic positioning by key global players. From the European Union to China and beyond,…

When the previous leader of the United States, Donald Trump, reached a trade agreement with the European Union, the response throughout Europe was varied. In Ireland, the reaction was notably subdued. Instead of welcoming the arrangement, Irish politicians and interested parties voiced a combination of wary doubt and unease regarding its possible impacts, especially on critical areas such as farming and tech industries that are closely linked to trade between continents.Although the Trump administration portrayed the announcement of the trade agreement as a major step towards easing economic tensions with the EU, numerous policymakers from Ireland saw it differently. They…