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President Trump slaps 50% tariff on Brazil
Published 11 months, 2 weeks ago
Description
President Trump hits Brazil with a 50% tariff - despite the U.S. having a trade surplus in goods with the country - citing the prosecution of former President Jair Bolsonaro. The world's biggest company gets even bigger: Nvidia becomes the first company in history to breach $4 trillion in market cap as investors pile back in on AI bets. Meanwhile, Kellogg shares spike in extended trade amid reports Nutella-maker Ferrero is nearing an acquisition deal, in what would be a rare European takeover of a U.S. rival.
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