Trump Threatens Brazil with Tariffs
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US President Donald Trump on Wednesday sent a letter to his Brazilian colleague Luiz Inácio Lula da Silva announcing a 50% tariff on all products from the South American country and criticizing the judiciary's procedures against former President Jair Bolsonaro.
The chairman of Lavazza has warned that Donald’s Trump’s tariffs could push coffee prices higher - as the US President threatens the world’s biggest producer with a 50% export tax. Giuseppe Lavazza said the coffee industry had faced “exceptional volatility”,