Energy Markets
Brazil admits that it is possible there will be no US-Brazil trade deal before August 1
Brazil's Finance Minister said on Monday that his country will not give up on negotiations with the U.S., but acknowledged that it may not be possible to reach a deal by August 1, which is when President Donald Trump’s tariffs of 50% on Brazilian products are set to come into effect. Fernando Haddad, in an interview with CBN radio station, said that Latin America's biggest economy is still waiting for a response from Washington to trade proposals originally submitted in May. Trump announced the steep tariffs in early this month. He cited what he called "a witch hunt" against Jair...