Trump's Aug 1 trade deal deadline is looming. Meantime, video streamer Netflix and food maker PepsiCo both said that a weaker dollar is boosting earnings from sales made overseas.

Trump launches investigation into Brazilian digital trade practices in on-going battle with Brazil over the dollar's hegemony

Brazilian President Luiz Inacio Lula da Silva on Thursday slammed Donald Trump's threat to impose 50 percent tariffs on Latin America's largest economy as "unacceptable blackmail."In his speech, leftist leader Lula slammed Brazilian politicians who back Trump's policies as "traitors to the homeland.

Brazil has yet to hear a response from Washington about an offer it made in trade talks two months ago, Vice President Geraldo Alckmin said on Monday, after U.S. President Donald Trump slapped much higher tariffs on Brazil last week.

How a Trade War With Brazil Could Brew Trouble for U.S. Coffee Consumers originally appeared on Parade. U.S. coffee drinkers may face some uncertainty in the months ahead, as the Trump administration considers a 50-percent tariff on imports—an action that could drive up coffee prices nationwide.

Following Trump’s 50% tariff hike on Brazilian goods, a decree creates fast-track process for countermeasures against countries targeting Brazilian interests.

Tokyo and Washington are stepping up diplomatic engagement amid rising trade tension, with leaders signaling efforts to keep dialogue open.