President Trump's tariff threat against Brazil to protect his ally, former President Jair Bolsonaro, has sparked political turmoil in the South American country.

Brazil’s attorney general is seeking a probe into possible insider trading in the country’s currency markets around the announcement of US tariffs on Brazilian goods.

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

Trump announced a sweeping 50 percent tariff on all Brazilian exports to the United States beginning Aug. 1. In a letter to Luiz Inácio Lula da Silva, the left-wing leader who defeated Jair Bolsonaro three years ago,

Brazilian President Luiz Inácio Lula da Silva has responded strongly to former US President Donald Trump’s recent threats to impose heavy tariffs on Brazil. Lula Reacts Strongly to Trump’s Tariff Threats In a televised interview with CNN’s Christiane Amanpour,

Brazil's leftist leader has condemned Donald Trump over the US threat to impose tariffs on Brazilian goods. Trump says the tariffs are punishment for legal proceedings against conservative ex-President Jair Bolsonaro.

Brazil on Wednesday urged the U.S. to respond to a trade proposal submitted in May, reaffirming its openness to a "mutually acceptable" deal after U.S. President Donald Trump announced a 50% tariff on Brazilian goods starting in August.

The prices of coffee and orange juice could be impacted if no trade agreement is reached by the deadline. Tariffs could also contribute to higher beef prices.

Brazilian President Luiz Inacio Lula da Silva on Thursday slammed Donald Trump's threat to impose 50 percent tariffs on Latin America's largest economy as "unacceptable blackmail." In his speech, leftist leader Lula slammed Brazilian politicians who back Trump's policies as "traitors to the homeland.

Coffee provides those that drink it with a surge of caffeine to get them started each day, but if President Donald Trump makes good on his threat to impose a 50% tariff on Brazilian imports, getting a jolt of java will likely cost a lot more.

Brazilian President Luiz Inácio Lula da Silva urged President Trump to negotiate a trade agreement this week as the U.S. has pursued increasingly aggressive action over the criminal prosecution of