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The Latest Breaking News from Brazil

Texas Republican admits: Trump’s tariffs will ‘hurt’ district but ‘I support him’

Border-state Republican says he’s ‘focused on that August 1 deadline’ as Mexico’s Sheinbaum warns U.S. that she won’t make unilateral concessions

The Independent UK

Trump’s anger over Bolsonaro case leaves top adviser fumbling to justify ‘punishing’ tariffs on Brazil: ‘So, what is it?’

President fired off letters to world leaders imposing new tariffs from August 1

The Independent UK

The Guardian view on Brics growing up: A new bloc seeks autonomy – and eyes a post-western order

Editorial: The expanding group of emerging powers is building new rules, new tools and a shared industrial future – with or without Donald Trump

The Guardian - UK

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Trump's Tariffs, Tax Cuts, And Tensions With Brazil Stir The Pot: This Week In Economy

The past week has been a whirlwind of economic and political events. From record-breaking customs duty collections to billionaire investors casting doubt on tariff outcomes, the week was filled with intriguing stories. Here’s a quick recap of the top five stories that made headlines.

Benzinga

A ‘pissed’ Trump explodes after BRICS gathering sends him into a geopolitical rage spiral

The president prefers this aggresive tactic, even at the cost of making life difficult for Americans.

We Got This Covered

Gilberto Gil Announces Retirement from the Stage After More Than 60 Years of Musical Legacy

One of the most influential voices in Latin American music and a pioneer of the Tropicália movement has announced his retirement from the stage. Gilberto Gil revealed that his current 2025 tour will be his last.

Latin Times

Trump’s new Brazil tariffs could raise US beef prices

Because of droughts and increasing costs, beef buyers have relied more heavily on imports this year.

Al Jazeera

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Ana Maria Gonçalves becomes first Black woman in Brazil’s literary academy

Author of Um defeito de cor wins seat in 128-year-old institution long dominated by white men

The Guardian - US

Sugar Prices Rally on Strength in Crude Oil Prices

October NY world sugar #11 (SBV25 ) on Friday closed up +0.31 (+1.91%), and August London ICE white sugar #5 (SWQ25 ) closed up +1.20 (+0.25%). Sugar prices were boosted by Friday's sharp rally of more than +2% in crude oil prices (CLQ25 ), which was due to speculation that...

Barchart

Coffee Prices Resume Weakness on Harvest Pressure Despite US Tariff Threats to Brazil

September arabica coffee (KCU25 ) on Friday closed down -1.30 (-0.45%), and September ICE robusta coffee (RMU25 ) closed down -104 (-3.13%). Coffee prices on Friday fell, with robusta coffee slumping to a 14-month low. Arabica coffee saw some support early in the session on bullish carryover from Wednesday, when...

Barchart

Trump's 50% tariff on Brazilian goods like coffee and orange juice could drive up US breakfast costs

President Donald Trump’s threat to boost import taxes by 50% over Brazilian goods could drive up the cost of breakfast in the United States

The Independent UK

Crude Oil Strength Lifts Sugar Prices

October NY world sugar #11 (SBV25 ) today is up +0.24 (+1.48%), and August London ICE white sugar #5 (SWQ25 ) is up +6.30 (+1.31%). Sugar prices are moving higher today as a sharp +2% rally in WTI crude oil (CLQ25 ) has sparked short covering in sugar futures. Higher...

Barchart

Trump's Tariff Threats And Delays: State Of Play

US trading partners braced for a volley of tariff hikes this week, but a deadline for their imposition came and went as President Donald Trump delayed them again until August -- but unveiled new copper duties and increased levies on Canada and Brazil.

International Business Times

US Tariff Threat on Imports from Brazil Underpins Arabica Coffee Prices

September arabica coffee (KCU25 ) today is up +0.70 (+0.24%), and September ICE robusta coffee (RMU25 ) is down -74 (-2.23%). Coffee prices today are mixed, with arabica coffee posting a 1.5-week high and robusta slumping to a 14-month low. Arabica coffee has positive carryover from Wednesday, when President Trump...

Barchart

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The Independent UK

How Trump’s Brazil tariffs could impact US consumers

IN FULL

Euronews

Brazilian demonstrators rally against Trump and urge taxing the rich

Thousands of demonstrators gathered in São Paulo on Thursday to protest against US President Donald Trump’s tariff threats and demand higher taxes on the super-rich.

Benzinga

Trump Slaps Brazil With 50% Tariff In Bolsonaro Spat — Economists Say It 'Sets A Scary Precedent' As Trade Surplus Ignored

President Donald Trump‘s decision to impose a 50% tariff on Brazil has raised concerns among economists, who fear the move sets a troubling precedent.

The Independent UK

Prices of these two drinks could surge if Trump’s Brazil tariffs stick

President Donald Trump has announced that tariffs on Brazilian imports will rise to 50 percent, effective August 1

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Euronews

‘Crimes against nature and people’: How a global crackdown in the Amazon unfolded

Amazon Basin countries and the UAE joined forces to target illegal mining, wildlife trafficking, logging and fuel smuggling.

Euronews

Lula vows retaliatory tariffs if Trump imposes 50% levies on Brazil

Brazilian President Lula da Silva warns of retaliatory tariffs on the US if Trump imposes a 50% levy over Bolsonaro's trial, risking a trade war.

Benzinga

Brazil Hits Back At Trump's Tariff Letter, Lula Says If 'He's Going To Charge Us 50, We'e Going To Charge Him 50'

Brazil’s President, Luiz Inácio Lula da Silva, issued a warning Thursday about potential retaliatory tariffs if the U.S. proceeds with its planned 50% tax on Brazilian imports from Aug. 1.

International Business Times

Why Is Trump Lashing Out At Brazil?

US President Donald Trump has announced a 50 percent tariff on Brazilian imports as he accused the country's leftist leadership of orchestrating a "witch hunt" against his right-wing ally, former leader Jair Bolsonaro.

Benzinga

Trump's 50% Tariffs Send This Jet Maker Into A Tailspin

Shares of Brazilian aircraft manufacturer Embraer S.A. (NYSE:ERJ) dropped on Thursday after President Donald Trump announced plans to impose a 50% tariff on all imports from Brazil.

The Guardian - US

Trump v Lula: what to know about the tariffs spat between the US and Brazil

Brazilian president threatened a 50% tariff on US goods in retaliation for Trump’s levy on the Latin American country

Reason

Trump's Plan to Impose 50% Tariffs on Brazil Highlights Illegal and Harmful Nature of his Trade Policy

It's an obvious abuse of emergency powers, a claim to unconstitutional delegation of legislative power, and a threat to the economy and the rule of law.

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Luiz Inácio Lula da Silva

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