Brazil’s inflation edged up in early July as US President Donald Trump threatened to slap the South American nation with punishing tariffs, further complicating the consumer price outlook for the central bank.

By Luciana Magalhaes, Lisandra Paraguassu, Bernardo Caram and Ana Mano SAO PAULO (Reuters) -Brazil is scrambling to avert punishing 50% U.S. tariffs in a week's time, but high level talks are stalled and U.

With the Trump administration setting 15% as a floor for tariffs, companies and economists are warning of higher prices later this year.

Brazil’s president, Luiz Inacio Lula da Silva, had just returned to his office from a meeting with Indonesia’s prime minister when the reports began blaring on TV.

Johanna Foods launches lawsuit over potential $70m hit to business arising from president’s levies on exports from South America’s biggest citrus producer

President Donald Trump’s tariffs on Brazil could push up the cost of orange juice at major American supermarkets like Aldi, Walmart and Wegmans by as much as 25%, according to one US-based orange juice importer.

BRASILIA - Brazilian Finance Minister Fernando Haddad said on Thursday a contingency plan in response to higher U.S. tariffs will be presented to President Luiz Inacio Lula da Silva from Monday and will include a menu of measures,

Brazil’s onerous taxes and political turmoil make investors wary, but an international court ruling could change their minds.