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Brazil President Luiz Inácio Lula da Silva was elected to a fourth, nonconsecutive term in the nation's presidential election according to early results released Sunday evening. Why it matters: Lula's victory deals a setback to Brazil's right-wing populist movement and preserves a major counterweight to President Trump 's influence in Latin America, with tensions over trade and tariffs threatening to persist. Lula, the incumbent candidate, was facing Flávio Bolsonaro, the son of former Brazilian President Jair Bolsonaro . Flávio was widely seen as the heir to the nation's right-wing populist movement. The big picture: The election has been shaped by the impact of U.S. tariffs, climate change and the Amazon rainforest, 60% of which is in Brazil. Bolsonaro campaigned on public security and tackling corruption, presenting himself as a continuation of his father's political legacy, while Lula emphasized defending Brazilian sovereignty against U.S. pressure. Yet substantive policy debate was limited, with both candidates focusing instead on corruption allegations levied against the opposing camp, wrote Matthew Taylor, a Brazil politics expert at American University. Zoom in: After the U.S. imposed additional 25% tariffs on some Brazilian goods this summer, Lula accused Bolsonaro of being "Trump's candidate" and the U.S. president of wanting to "colonize" Brazil. Lula has enacted climate policies aimed at reversing environmental deregulation under the previous administration, while Bolsonaro denied climate change and pledged to continue his father's political legacy. Amazon deforestation has fallen 71% since 2022, the year before Lula returned to office, reaching its lowest annual level on record in 2026. Yet Lula's environmental record is complicated by his support for expanded oil development. Lula defeated Jair Bolsonaro in the previous election. The elder Bolsonaro is now serving a 27-year prison sentence for plotting a coup to overturn the 2022 election, though he remains under house arrest due to health problems.

Former Rep. Mike Rogers (R-Mich.) dodged questions on whether he identifies as a MAGA-Republican and avoided clarifying his position on President Trump’s controversial tariffs against Canada ahead of his competitive race against Democrat Abdul El-Sayed in Michigan’s Senate race. During a Sunday appearance on NBC’s “Meet the Press,” Rogers was asked if he considered himself...

Trump signed a proclamation Friday that removes some Canadian products from the 50% tariffs he imposed in August, while adding others.

Courts should still strike down the Section 338 tariffs and import bans that remain in place.

VW investment, creating 4,500 jobs in Georgia, comes amid Trump’s damaging tariffs, intense Chinese competition and costly shift towards EVs Audi has said it will spend $4bn (£3bn) to build its first factory in the US, as its parent company, Volkswagen, struggles with the impact of steep tariffs imposed by Donald Trump. The German brand’s chief executive, Gernot Döllner, joined Trump on stage at a campaign rally on Saturday night to announce the factory in Macon, Georgia, in an unusual move by a big European brand just days before the US midterm elections. Continue reading...

President Donald Trump announced Saturday that German automaker Audi will build its first American factory in Georgia, a move that is expected to create 4,500 new jobs. “I’m thrilled to announce a massive auto manufacturing investment in the great state of Georgia by a fantastic company,” Trump said at a midterm campaign rally in Perry, Georgia. ...

President Donald Trump defended his decision to wield tariffs during a campaign rally in Georgia, saying they’ve made the US richer as he announced that Volkswagen AG agreed to build a new $4.2 billion Audi plant in the state.

Former President Barack Obama ripped and ridiculed President Trump at a Detroit rally Saturday night where he vouched for Abdul El-Sayed and drew comparisons between the lefty Democratic Senate candidate and his own 2008 run for the White House.

Sacha Pfeiffer visits Port Milwaukee to see how President Trump's tariffs have affected the flow of goods and impacted the regional economy.

President Donald Trump this week rolled back select tariffs on Canada, marking a strategic decision that could boost incumbent Sen. Susan Collins (R-ME) in a tight midterm election race just days before Maine’s voters head to the polls. Collins, embroiled in a fiercely competitive battle against Democrat Troy Jackson, has long pressed Trump for release […]

President Donald Trump's trade showdown with Canada targets dairy, lumber and market access, reviving decades-old tensions between allied economies.

Collins, locked in a tight race with Democratic challenger Troy Jackson, issued a statement saying she'd spoken with Trump's top trade negotiator, Jamieson Greer, and Commerce Secretary Howard Lutnick "about the toll tariffs are taking on Maine families, businesses, farmers, and growers.''

President Trump is exempting some Canadian products from U.S. tariffs, a move viewed as a late attempt to bolster Republican Sen. Susan Collins as she faces a tough reelection fight in border-state Maine.

Newsmax's original series "The Big Beautiful Trump Show" returns Sunday, Oct. 25, at 9 p.m. Eastern time with its third episode, "The Big Beautiful Economy," taking viewers inside President Donald Trump's "America First" economic agenda — from tariffs and manufacturing to ...

The move was announced by Senator Susan Collins, a Maine Republican who faces a tough re-election fight amid rising prices.

The Trump administration has determined that imports of wind turbine parts pose a national security threat, but it does not appear to be opting to tariff them. President Trump issued a memo Thursday saying “wind turbines and their components and subcomponents are being imported into the United States under such circumstances as to threaten to...

The Trump administration is expanding exemptions of tariffs on some Canadian products, a move that may help boost Republican Senator Susan Collins’ reelection campaign in Maine.

The Trump administration is considering lifting 50% tariffs on certain Canadian agricultural and forestry products, a move that could provide political relief to Sen. Susan Collins, R-Maine, and other Republicans facing competitive midterm elections.

President Donald Trump is lifting tariffs on some Canadian goods, a move that could boost Maine Republican Sen. Susan Collins in her reelection fight, though the White House said it would impose tariffs on other Canadian products, including valves and carpets, in their place. The trade war with Canada, Maine’s biggest trade partner, has strained ...

A provincial election in the heart of Canada’s lumber country is exposing the limits of using US President Donald Trump as a political foil, even in one of the places hardest hit by his tariffs. Bloomberg’s Thomas Seal has more. (Source: Bloomberg)

A provincial election in the heart of Canada’s lumber country is exposing the limits of using US President Donald Trump as a political foil, even in one of the places hardest hit by his tariffs.

"Balance of Power" focuses on the intersection of politics and global business. On today's show, Celinda Lake, founder of Lake Research and a Democratic pollster whose firm has done polling for Abdul El-Sayed’s Senate campaign, says Republicans are in deep trouble, but Democrats have a lot to prove. Evelyn Farkas, McCain Institute executive director and former deputy assistant secretary of defense for Russia, Ukraine and Eurasia, says it's a moral problem for the US that Starlink speeds were slowed while Ukrainians were trying to intercept missiles and drones targeting civilians. Aaron Lehman, president of the Iowa Farmers Union and fifth-generation farmer in Polk County, Iowa, says both diesel prices and tariffs have been devastating for farmers. (Source: Bloomberg)

Aaron Lehman, president of the Iowa Farmers Union and fifth-generation farmer in Polk County, Iowa, says both diesel prices and tariffs have been devastating for farmers. Lehman says farmers have not felt that an Iowa voice has been standing up for them in Washington and says that while farmers need relief, temporary measures do not address the underlying causes of their financial strain. Lehman says agriculture has a monopoly problem that leaves farmers especially vulnerable when fertilizer supplies are disrupted. Lehman says he finds President Donald Trump's deal with Russian President Vladimir Putin to try to lower diesel costs disturbing. He speaks with Kailey Leinz and Joe Mathieu on Bloomberg’s "Balance of Power." (Source: Bloomberg)

President Donald Trump said he will hold off on imposing tariffs on wind turbines and their components on national security grounds, instead ordering the US Trade Representative and Commerce secretary to consult with trading partners and report back in 180 days.

The U.S. Embassy in Canada accused Canadian leaders of "openly" describing plans to "influence American politics," doubling down on Ambassador Pete Hoekstra's claims of potential election interference. Why it matters: The accusation further deteriorates Washington's relationship with its northern neighbor under President Trump's costly trade war that's put political pressure on Republicans. Canada targeted its retaliatory tariffs on politically salient states and products ahead of the U.S. midterms. Driving the news: The embassy cited Canada's targeted tariffs as part of the influence accusations laid out in a Wednesday fact sheet . It cited remarks from Industry Minister Mélanie Joly, including an August press conference where she said Canada was "targeting products that will target states in the U.S." She added, "we're being wise and strategic to put political pressure." Joly has echoed that message throughout the trade tensions. The fact sheet also cited Joly's meeting with Democrats. She recently huddled with Illinois Gov. JB Pritzker. What they're saying: Asked about the accusations during a news conference, Prime Minister Mark Carney said "all of our actions are in the interest of Canadian workers, Canadian families and the future of this economy." Zoom out: The fact sheet also singled out conservative Ontario Premier Doug Ford over a 2025 anti-tariff ad campaign featuring excerpts from a Ronald Reagan speech . It also cited Liberal MP Anthony Housefather's campaigning for Florida Democrat Rep. Debbie Wasserman Schultz. The memo read, "The Canadian government brushes off concerns about potential interference in U.S. elections, even as its ministers and premiers openly describe plans to influence American politics in official documents and public appearances." Catch up quick: Hoekstra said in a recent podcast interview that American officials were "closely watching" Canada for potential election interference. Joly said last week it was "absolutely not" fair to characterize Canada's actions as election interference. Her visits, she said, were aimed to attract investments. Carney, after cheering Canada's reduced dependence on the U.S. in a speech earlier this month, joked, "Careful, they might think that's election interference," seemingly a jab at Hoekstra. Worth noting: The Trump administration has taken an increasingly antagonistic approach to Canada, from trade tensions to threats over its sovereignty . In August, Trump signed an executive order to rename Lake Ontario, which straddles the U.S.-Canada border, to "Lake America." He's also continuously said Canada should become the "51st state." The big picture: Trump himself has openly weighed in on politics beyond U.S. borders, including during Canada's 2025 election campaign and ahead of Israel's elections this month. On Sunday, Trump endorsed Israeli Prime Minister Benjamin Netanyahu for reelection just nine days before Israel's national vote. Go deeper: Escalated U.S.-Canada trade talks threaten fallout