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 The Fiscal Times
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The Fiscal Times

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Japan relaxes royal succession rules but retains ban on female emperors

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Japan relaxes royal succession rules but retains ban on female emperors

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 The Fiscal Times

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Brazilian government vows reciprocal tariffs against US

Brazilian government vows reciprocal tariffs against US

Brazil has condemned the US's new 25% tariffs on certain imports, describing them as unjustified and politically motivated, and has threatened reciprocal measures. The tariffs, affecting around 3,000 items including coffee, beef, oranges, and aircraft parts, are set to take effect soon, with Brazil indicating potential retaliation under its own trade laws. Brazil's government has defended its trade practices, noting most US imports enter duty-free and emphasizing efforts to counterbalance US concerns through WTO mechanisms. The dispute has intensified political tensions, with Brazilian officials criticizing US pressure and accusing the US of seeking exclusive economic access.

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