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President Trump hits Brazil with 50% tariffs, bitcoin soars to $112,000

DeFi Daily News by DeFi Daily News
July 10, 2025
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Morning Brief: Market Sunrise anchor Ramzan Karmali breaks down the latest international financial news.
President Trump announced that Brazil will be hit with 50% tariffs for imports coming into the United States starting August 1st. Trump also accused Brazil of launching a witch hunt against former Brazilian President Jair Bolsonaro, who is on trial for an alleged coup plot.
Bitcoin soared to a new all-time-high of over $112,000 on Wednesday. We look at what could drive this cryptocurrency even higher.
For more Morning Brief: Market Sunrise videos, please visit: https://finance.yahoo.com/videos/series/morning-brief-market-sunrise/
#youtube #stocks #investing #bitcoin #trump

About Yahoo Finance:

Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.

– Get the latest news and data at finance.yahoo.com

– Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO)

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Tags: BitcoinBondsBrazilbusinessCurrenciesEquitiesFXHitsInvestingInvestmentMarketMarketsMoneyNewsNYSEPersonal FinancePoliticspresidentSavingsSoarsStock marketstockstariffsTrumpYahoo FinanceYahoo FInance Premium
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