Trump called the investigation into the former far-right leader of Brazil a “Witch Hunt that should end IMMEDIATELY.”

LONDON/NEW YORK >> U.S. consumers face sharp price rises on food staples like coffee and orange juice if the Trump administration sticks to its plan to slap 50% tariffs on all imports from Brazil, traders and experts said today.

Brazilian President Luiz Inácio Lula da Silva says he will impose retaliatory tariffs on the United States if President Donald Trump follows through on a pledge to boost import taxes by 50%