Chemical products companies in Brazil, which exported $2.4 billion to the U.S. last year, face a slew of contract cancellations as President Donald Trump has threatened a new 50% tariff on the South American nation's exports from August 1.

Santa Claus arrived early for President Lula, and the gift was sent by Trump through this clumsy attack on Brazil’s sovereignty,” a diplomat said of threatening tariffs in support of Bolsonaro.

Brazil’s inflation edged up in early July as US President Donald Trump threatened to slap the South American nation with punishing tariffs, further complicating the consumer price outlook for the central bank.

U.S. President Donald Trump's plan to impose a new 50% tariff on all Brazilian products from Aug. 1 could devastate the South American nation's citrus belt, as factories scale back production and orange farmers consider leaving fruit to rot amid a sharp drop in prices.

With Donald Trump's punitive tariffs against Brazil poised to take effect within days, Latin America's largest economy is bracing for a virtual embargo on its planes, grains, and crude oil. Lula promised to apply "reciprocity" if Trump's tariff threat materializes,

Brazil's efforts to avoid a steep U.S. tariff hike have been rebuffed, escalating a diplomatic rift rooted in former President Jair Bolsonaro's ongoing trial. President Luiz Inácio Lula da Silva said.

Brazilian President Luiz Inácio Lula da Silva has hit back at Donald Trump’s tariff threats, saying that his American counterpart was elected as the leader of the United States and “not to be the emperor of the world.

OJ maker sues Trump over Brazil tariffs saying his plan could drive up consumer costs by 25% - Johanna Foods launches lawsuit over potential $70m hit to business arising from president’s levies on exp

Rep. Sydney Kamlager-Dove slammed Trump’s latest move to threaten tariffs on Brazil, calling it a political ploy to appease his Brazilian connections. She claims that instead of focusing on building global alliances,