Brazilian President Lula da Silva lashed out at Donald Trump over a 50% tariff on Brazilian imports, saying ‘No gringo is going to give orders to this president.’ Speaking at a student event, Lula slammed US pressure and warned of retaliation under Brazil’s Economic Reciprocity Law.

While some evidence shows tariffs are pushing up prices for consumers, the economy appears to be mostly healthy.

Police in Brazil swooped on the home and political headquarters of Jair Bolsonaro early Friday, searching the properties, ordering the former president to wear an electronic ankle tag, barring him from speaking to foreign officials or approaching embassies and prohibiting him from using social media.

President Trump's planned 50% tariffs on Brazilian imports starting August 1 could significantly increase your household expenses. In addition, Brazilian President Lula promises matching retaliation that may hurt American workers and businesses.

Donald Trump has proposed huge levies on Brazil, prompting an outspoken response from the CEO of Embraer, which builds vital regional airliners.

Trump threatened a 50% tariff against Brazil, one of the U.S.’s largest suppliers of green coffee beans, starting Aug. 1.

Donald Trump has decided to jack up tariffs on every single good coming from Europe, pushing for a baseline rate of 15% to 20% in the next trade deal, according to the Financial Times. This comes after multiple rounds of back-and-forth talks with Brussels that aimed to hold tariffs at 10%,

Brazil’s Supreme Court ordered Jair Bolsonaro, the former president, to stay home most hours, defying President Trump’s demands that charges against him be dropped.