Brazil Hails US Tariff Rollback
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Brazil's federal police on Saturday took former President Jair Bolsonaro into custody due to flight risk after he took a soldering iron to his ankle monitor, ending months of house arrest as he appeals his conviction for plotting a coup.
Fire officials ordered the evacuation of the entire site for the conference, known as COP30, and it wasn’t clear when the talks would resume.
A fire forced an evacuation at the South American Brazilian venue for the COP30 climate summit, on Thursday, Nov. 20, but so far no one in attendance has been injured, according to multiple reports. The blaze took place at the venue in Belém, Brazil, the BBC and Politico are reporting.
Mr. Trump cited "various officials" whom he said advised him that "certain agricultural imports from Brazil should no longer be subject" to the 40% tariff, in part because of progress the U.S. has made in its trade negotiations with Brazil.
Brazil risks losing its market share in instant coffee sales in the U.S. after President Donald Trump retained 50% tariffs on the product while cutting duties for green coffee, the Brazilian Instant Coffee Association said on Friday.
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Former Brazilian President Jair Bolsonaro was detained in Brasilia because of a possible "attempted escape" to an embassy before he was to begin his prison sentence.