America Has a Huge Trade Surplus With Brazil. Trump Just Put 25 Percent Tariffs on Brazilian Goods Anyway.
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Jul 16, 2026, 3:00 pm44 ptsThe Trump administration's trade war with the world has been a haphazard, often chaotic affair, but if you had to identify a single, guiding principle for the administration's actions, it would be balancing America's trade deficits. President Donald Trump has been talking about the trade deficit for…
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