Donald Trump has proposed huge levies on Brazil, prompting an outspoken response from the CEO of Embraer, which builds vital regional airliners.

Commodities traders are rushing to bring Brazilian coffee into the U.S. before a new 50% tariff on Brazilian goods takes effect on August 1. Some traders are rerouting ships mid-journey and skipping planned port stops to ensure coffee shipments arrive before the tariff deadline,

By Marcelo Teixeira and May Angel NEW YORK (Reuters) -Commodities traders are racing against time to unload as much Brazilian coffee as possible in the United States before Trump's new 50% tariff on Brazilian products is implemented on August 1,

The United States may impose 100% tariffs on China, India, and Brazil if Russia refuses to sign a peace agreement with Ukraine within 50 days, states NATO Secretary General Mark Rutte, according to The Guardian.

Brazil's chief prosecutor has recommended a guilty verdict in the trial of former president Jair Bolsonaro, who is accused of leading a coup plot that sought to overturn the 2022 election result.

Approval for Brazilian President Luiz Inacio Lula da Silva's government rose for the first time this year, a new poll showed on Wednesday, after his U.S. counterpart Donald Trump announced a 50% tariff on imports from Brazil starting in August.

Inflation jumped last month hitting its highest mark in months amid Trump’s tariffs threat - Inflation rose 0.3 percentage points in the last month and 2.7 percent in the past year

The US is imposing a 17% tariff on most tomatoes imported from Mexico with immediate effect, the government said. The duty came into force after the US withdrew from a long-standing agreement with its southern neighbour,