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Tag: 50% Tariff

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The Brazil-India Tariff Trap: Trump’s Megalomania Meets Modi’s Diplomatic Faux Pas

Trump’s 50% tariff on India and Brazil stems from personal vendetta, not trade logic. Brazil’s Lula defied Trump’s demand to free Bolsonaro, upholding judicial independence. India, meanwhile, failed to diplomatically acknowledge Trump’s role in mediating peace with Pakistan—an avoidable misstep that cost the country dearly in trade relations.