Trump has recently announced preliminary trade deals with Japan and other countries, and many of his paused "reciprocal" tariffs are set to resume next month.

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.

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,

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

Orange juice prices in the U.S. are already high. The suit argues that the tariff would lead to retail price hikes of up to 25 percent.

Mr Trump and Brazil’s president, Luiz Inácio Lula da Silva, are ideological foes and Mr Trump’s allies have long decried a probe Mr Moraes leads into online disinformation. Yet the trigger for Mr Trump’s attack appears to have been the summit of the BRICS,

Brazil’s onerous taxes and political turmoil make investors wary, but an international court ruling could change their minds.

Chinese investments could play a crucial role in enabling Brazil to boost its industrial capacity and diversify economy.