By bnl Sao Paulo bureau Brazil faces potential losses of up to BRL175bn ($31.7bn) over the next decade if the US follows through on plans to impose 50% import tariffs on Brazilian goods. The tariff threat has already triggered a Supreme Court investigation into suspected insider trading in foreign exchange markets,

BRASILIA (Reuters) -Brazilian Finance Minister Fernando Haddad said on Thursday a contingency plan in response to higher U.S. tariffs will be presented to President Luiz Inacio Lula da Silva from Monday and will include a menu of measures,

Johanna Foods launches lawsuit over potential $70m hit to business arising from president’s levies on exports from South America’s biggest citrus producer

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

U.S. Trade Representative Jamieson Greer said on Tuesday he had launched an investigation into Brazil's "unfair" trading practices, a week after President Donald Trump threatened a 50% tariff on imports from Latin America's largest economy.

The Trump administration says it is investigating Brazil’s trading practices. Earlier this week, U.S. Trade Representative Jamieson Greer announced that his office is investigating Brazil and their trade policies—calling them “unfair.

Donald Trump’s recent tariff on Brazil is a political gesture aimed at supporting former Brazilian President Jair Bolsonaro’s cause, despite Brazil’s large trade surplus with the

Brazil's economic growth will stay on track despite the imposition of U.S. tariffs, according to a Reuters poll of economists, but inflation appears at greater risk of worsening if trade negotiations flounder.

Trump said in a letter that the new tariff — a massive jump from the 10 ... Trump also wrote that the United States is launching an investigation into potential unfair trade practices by Brazil. He said that probe is based on "Brazil's continued attacks ...