Economists have been expressing alarm over U.S. President Donald Trump’s plan to hit Brazil with a 50% tariff on Aug. 1 — the largest country-specific levy out of the 22 that Trump has rolled out this week.

Brazil's government minimizes the projected impact on economic growth from the 50% US tariff threat. While oil remains exempt, other industries like aerospace may feel the pinch. President Lula seeks negotiation with Trump,

U.S. President Donald Trump said he plans to impose 50% tariffs on all products from Brazil starting August 1, which could have a sharp impact on South America's agricultural powerhouse.

The president signaled he would seek to use the threat of steep levies to reorient trade and protect his political allies.

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

Despite external trade headwinds and tight domestic monetary conditions, Brazil's finance ministry has upgraded its 2025 economic outlook.

Brazilian assets face pressure from new US tariffs, but holding broad index trackers may reduce risk amid volatility. See why major Brazilian ETFs are a hold.

Andrew Charles, TD Cowen analyst, joins CNBC's 'Squawk on the Street' to discuss what potential tariffs on Brazil could mean for Starbucks, whether coffee price increases matter to consumers, and more.