SAO PAULO (AP) — President Donald Trump’s threat to boost import taxes by 50% on Brazilian goods could drive up the cost of breakfast in the United States. The prices of coffee and orange juice — two staples of the American morning diet — could be severely impacted if there’s no agreement by Aug. 1.

President Trump is seeking to intervene in a political fight roiling Brazil, demanding the country drop its prosecution of former President Jair Bolsonaro or face a 50 percent tariff on

Maria Curi, tech policy reporter at Axios, joins Marketplace’s Meghan McCarty Carino for “Tech Bytes: Week in Review.”

The president signaled he would seek to use the threat of steep levies to reorient trade and protect his political allies.

RIO DE JANEIRO (AP) — Brazilian President Luiz Inácio Lula da Silva said Thursday that he will impose retaliatory tariffs on the United States if President Donald Trump follows through on a pledge to boost import taxes by 50% over the South American country’s criminal trial against his predecessor, Jair Bolsonaro.

President Trump's tariff war escalating again as he kicks up tariffs on Canadian imports from 25% to 35% and threatens to double tariffs on other U.S. trading partners. Also, Trump cannot end birthright citizenship for babies born to non-citizens in the U.

The high court has given the president immunity and protected him from nationwide injunctions. Congress is giving ground on spending and tariffs. It adds up to a turbocharged executive.

Deregulation for the largest US banks, including Bank of America, Citigroup, Goldman Sachs and JPMorgan, are among the key 2H catalysts that BI litigation and policy analysts are watching. In this litigation and policy midyear outlook episode,

It shows that personal grudges rather than simple economics are a driving force in the U.S. leader’s use of tariffs.