Brazil's real weakens 2% after Trump tariff announcement

July 10, 2025 8:20 AM EDT

FILE PHOTO: Brazilian real and a U.S. dollar notes are seen in this illustration taken December 18, 2024. REUTERS/Amanda Perobelli/Illustration/File Photo

SAO PAULO (Reuters) -Brazil's real slipped 2% against the U.S. dollar in spot trading on Thursday, weakening past 5.60 per greenback, after U.S. President Donald Trump said he would impose a 50% tariff on all imports from Latin America's largest economy.

(Reporting by Fernando Cardoso and Gabriel Araujo; Editing by Andrew Cawthorne)



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