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Brazil, an odd target for new U.S. tariffs. I'm David Brancaccio in Los Angeles. President Trump says he wants 50% to import taxes on goods from Brazil, even though Brazil buys more from the U.S. than it sells here.

Trump has criticized Brazil's treatment of its former right-wing president who's on trial for an alleged

coup attempt. Luis Fahardo is with the BBC.

Brazilian economic markets have reacted with concern, the real losing value against the dollar.

The U.S. is one of the major export markets

for Brazil. However, Brazil has to be said it's not as exposed to potential tariffs from the U.S.

as other Latin American countries that have also faced the threat. Brazil's bigger, largest

partner is in fact China. But still it is substantial and still

that the economic sphere, at least there's concern about what could happen if these tariffs

actually come into being. And the future's price of the third most popular metal copper.

Those are up 8% in a week, 2% today with Trump confirming the U.S. tariff on copper will go to 50%.

The U.S. produces about half its copper supply with much of the imports from Chile.

Now, the guardians of interest rates at the Fed are more than one person, the chair Jerome Powell,

and newly released notes from a recent central bank meeting

...