Trump Hits Brazil With Tariffs; Meta Shares Jump

U.S. President Donald Trump has slapped a 50% tariff on most Brazilian goods to fight what he has called a "witch hunt" against former President Jair Bolsonaro. Meta Platforms has forecast third-quarter revenue well above analysts' estimates, as artificial intelligence once more powered its core advertising business, sending its shares soaring 11% in extended trading.

 

Related Videos