On July 15, the Office of the US Trade Representative (USTR) announced the initiation of a Section 301 investigation into Brazil’s trade practices

The United States has launched an investigation into “unfair” trading practices by Brazil, escalating President Donald Trump’s spat with the world’s 10th-largest economy over issues including the criminal case against its former President Jair Bolsonaro.

Brazil's finance minister said on Monday his country would not give up negotiating with the U.S. but acknowledged that a trade deal may fail to be reached by August 1, when President Donald Trump's 50% tariffs on Brazilian goods are due to take effect.

Brazil’s Finance Minister Fernando Hadad admitted on Monday that trade negotiations between his country and America could fail to be resolved before an Aug. 1 deadline. That is when President Donald Trump’s administration intends to impose 50% tariffs on various Brazilian exports.

The United States has begun investigating Brazil’s trade practices and “anti-corruption interference,” after the president’s criticisms of Brazil’s treatment of Jair Bolsonaro, a Trump ally.

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

President Luiz Inacio Lula da Silva said Brazil can survive without trade with the US and will look to other partners to replace it, a sharp response to Donald Trump after the American leader threatened 50% tariffs on the South American nation.

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.