Trump expressed his anger in a letter to President Luiz Inacio Lula da Silva that the trial of former president Jair Bolsonaro for his role in an alleged coup to overturn his 2022 reelection loss was a “witch hunt” and should “end immediately.”

Trump’s pledge to place a 50 percent tariff on all imports from the South American nation will drive up the prices of coffee — and orange juice.

Brazil's government on Friday downplayed the impact of the 50% tariff U.S. President Donald Trump threatened to impose on imports from that country, as leaders from both nations expressed a cautious willingness to negotiate in the future.

Brazilian assets face pressure from new US tariffs, but holding broad index trackers may reduce risk amid volatility. See why major Brazilian ETFs are a hold.

The president signaled he would seek to use the threat of steep levies to reorient trade and protect his political allies.

NEW YORK, July 10 (Reuters) - The 50% tariff that the Trump administration has slapped on Brazilian imports has rattled the global coffee market and could make the price of a cup of coffee in the U.S. jump beyond recent highs.

The White House concluded that non-tariff methods for punishing Brazil would take too long, two people familiar with the situation said.

One of the highest tariffs threatened by President Trump so far is against Brazil, with the president citing a criminal prosecution against Jair Bolsonaro.

The pause on the biggest of Trump's tariffs won't end this week, as planned, but the problems they present still loom large.