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.

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

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.

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,

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,

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.

US President Donald Trump announced on Wednesday that new trade duties will have a minimum rate of 15%, with the possibility of reaching 50%, and suggested that Brazil will be the only country subjected to the maximum rate among those that received letters in the past few weeks.

There will be no more extensions on tariff deadlines, and they will go into force as scheduled on August 1, Commerce Secretary Howard Lutnick said Sunday. Why it matters: Since January, the world has gotten accustomed to President Trump announcing tariffs and then reversing them,