The United States has launched an investigation into “unfair” trading practices by Brazil, escalating President Donald Trump’s spat with the world’s 10th-largest economy over issues ...

Brazil’s trade with the US represents 1.7% of its GDP,” Lula said in a broadcast interview with Record TV on Thursday evening. “It’s not like we can’t survive without the US.” ...

The United States has begun investigating Brazil’s trade practices and “anti-corruption interference,” after the president’s criticisms of Brazil’s treatment of Jair Bolsonaro, a Trump ally.

But the US ran a $6.8 billion trade surplus with Brazil last year, and it has not had a trade deficit with the country for 18 years.  ...

“The United States does not have a trade deficit with Brazil. It’s Brazil that has a deficit with the US,” he told a crowd of supporters. “I should be one taxing them.” ...

Section 301 of the Trade Act of 1974 is designed to address unfair foreign practices affecting US commerce, and could be used to respond to unreasonable, or discriminatory foreign government ...

On Friday, Lula said Brazil ought to be the side imposing tariffs, given the US trade surplus. “The United States does not have a trade deficit with Brazil.

“The United States does not have a trade deficit with Brazil. It’s Brazil that has a deficit with the US,” he told a crowd of supporters. “I should be one taxing them.” ...

“The United States does not have a trade deficit with Brazil. It’s Brazil that has a deficit with the US,” he told a crowd of supporters. “I should be one taxing them.” ...

By John Liu, CNN (CNN) — The United States has launched an investigation into “unfair” trading practices by Brazil, escalating President Donald Trump’s spat with the world’s 10th-largest ...

“The United States does not have a trade deficit with Brazil. It’s Brazil that has a deficit with the US,” he told a crowd of supporters. “I should be one taxing them.” ...