US proposes 25% tariffs on Brazilian imports after trade investigation
The United States has proposed 25% tariffs on imports from Brazil, escalating a trade dispute between the two countries. The move was announced in Washington after an investigation by the office of the US trade representative, which said Brazil's practices were "unreasonable" and burdened or restricted US commerce. The proposal comes as relations between the two governments are already under strain, with Brazil's president, Luiz Inácio Lula da Silva, saying he received the decision "with indignation".The US trade representative, Jamieson Greer, said he and Donald Trump had held "constructive" meetings with Lula and other Brazilian officials, but added that there... [Continue Reading]
360LiveNews | 02 Jun 2026 20:31 LONDON
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EU trade committee backs EU-US deal ahead of 16 June final adoption
The European Parliament's Committee on International Trade approved legislation backing the EU-US trade deal in Brussels on 2 June 2026. The committee vote paves the way for final adoption in plenary later this month. Lawmakers approved the package despite concerns from some MEPs over what the text describes as US President Donald Trump's coercive approach. The source says the vote came a week after EU lawmakers and EU capitals struck a provisional deal to implement an agreement reached last summer by Trump and European Commission President Ursula von der Leyen in Turnberry, Scotland. The legislation eliminates EU duties on most... [Continue Reading]
Breaking-360LiveNews | 02 Jun 2026 12:30 LONDON
