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.

Brazilian state-run oil firm Petrobras may redirect the oil it sells to the United States, sending more to Asia and Pacific markets due to higher tariffs the U.S. announced on Brazil, its chief executive told Reuters on Thursday.

President Trump’s pledge to place a 50 percent tariff on all imports from the South American nation will drive up the prices of coffee — and orange juice.

Brazil is Florida’s biggest international trading partner for buying what the Sunshine State sells, and tariffs might make orange juice prices soar.

National Economic Council Director Kevin Hassett defended Donald Trump’s newly unveiled 50% tariff against Brazil on ABC News' "This Week."

Brazil’s Supreme Court issued search warrants and restraining orders against Bolsonaro on Friday, banning him from contacting foreign officials over allegations he courted the interference

A lot could happen on the trade front in the next few weeks, from pressuring Russia on Ukraine to arguing the legality of the administration’s tariff policy. Here are a few developments to watch.

Former Brazilian President Jair Bolsonaro was ordered by his country's supreme court to wear an ankle monitor. He has been lobbying Donald Trump for help.