KEY TAKEAWAYS The 50% tariffs on imports from Brazil that are set to go into effect next month likely will raise orange juice and coffee prices for U.S. consumers.Brazil supplies a significant portion of the U.

Coffee provides those that drink it with a surge of caffeine to get them started each day, but if President Donald Trump makes good on his threat to impose a 50% tariff on Brazilian imports, getting a jolt of java will likely cost a lot more.

While some evidence shows tariffs are pushing up prices for consumers, the economy appears to be mostly healthy.

Police in Brazil swooped on the home and political headquarters of Jair Bolsonaro early Friday, searching the properties, ordering the former president to wear an electronic ankle tag, barring him from speaking to foreign officials or approaching embassies and prohibiting him from using social media.

President Trump's planned 50% tariffs on Brazilian imports starting August 1 could significantly increase your household expenses. In addition, Brazilian President Lula promises matching retaliation that may hurt American workers and businesses.

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

Brazilian President Luiz Inácio Lula da Silva has hit back at Donald Trump’s tariff threats, saying that his American counterpart was elected as the leader of the United States and “not to be the emperor of the world.

President Donald Trump took to Truth Social Thursday evening calling for an immediate end to what he called "unjust" political attacks against former Brazilian President Jair Bolsonaro.