Trump targets Brazil with a 50% tariff
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The U.S. government ran a $27 billion budget surplus in June, fueled in part by record tariff revenue, according to
U.S. customs duties surpass $100 billion in fiscal revenue as tariffs become a major income source for the government, contributing to a surprise budget surplus. Tariffs, now the fourth-largest revenue source,
The fight is rooted in years of political history between President Trump and the last two presidents of Brazil.
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Emirates News Agency on MSNSaudi-GCC non-oil trade surplus achieves 203% annual growth: GASTATThe non-oil trade surplus of Saudi Arabia with the Gulf Cooperation Council (GCC) countries recorded an annual growth rate of 203.2% to more than SAR2 billion in April. It soared to around SAR3,511 million from SAR1,
Minerals, mineral products make up largest exports, while machinery, equipment, vehicles account for most imports in January-May, data shows - Anadolu Ajansı
A trade surplus is an economic measure of a positive balance of trade, where a country's exports exceed its imports. It is the opposite of a trade deficit.
Saudi Arabia’s total non-oil trade with GCC hits $4.2bn, driven by booming re-exports and growing ties with UAE, Bahrain, and Oman
Former currency diplomat Masatsugu Asakawa assures that Japan won't face U.S. pressure to strengthen the yen, despite President Trump's criticisms of trade surplus. While Trump pushes tariffs and trade changes,