Brazilian President Lula da Silva threatens retaliatory tariffs against the US if President Trump imposes increased import taxes due to Bolsonaro's trial. Lula aims for negotiation but warns of reciprocal measures.

The Philippines, Sri Lanka, Algeria, Iraq, Libya, Brunei and Moldova are the latest tariff targets. Read more at straitstimes.com. Read more at straitstimes.com.

Marco Rubio meets with Russian foreign minister amid tensions over Ukraine and Trump releases tariff letters to trading partners.

Brazil is urgently responding to U.S. President Trump's new 50% tariffs on Brazilian exports. President Lula convened a cabinet meeting to address the issue, while emphasizing diplomatic solutions. Economic and political tensions are heightened as market impacts are already visible in certain sectors,

Brazil faces persistent inflation and rising market volatility amid U.S. tariff threats, posing serious risks to economic stability.

Heightened trade tensions between the USA and Brazil - and the prospect of swingeing tariffs - could pose problems for Embraer and US airlines that hold orders for the Brazilian airframer's regional jets.

Trade tensions are heating up again as President Trump targets Brazil with tariffs, tying the country's politics directly to a broader tariff push. Yahoo Finance Washington Correspondent Ben Werschkul joins Morning Brief to break down how Trump's moves on Brazil,

Trump cited the trial of the president’s close political ally, former Brazilian President Jair Bolsonaro, as the rationale for new tariffs set to take effect Aug. 1 on imports from the largest economy in Latin America.