Trump last week threatened to hit Brazil with a 50% tariff starting on August 1, citing its treatment of Bolsonaro, the country’s former president. The threat came amid a stream of tariff demand letters the US president has been sending other economies setting new import taxes for next month after a three-month negotiating period.

Brazilian President Luiz Inácio Lula da Silva tells CNN’s Christiane Amanpour in an exclusive interview it was “a surprise” to see President Donald Trump’s letter posted to Truth Social, threatening ...

Trump said Indonesia was “very strong on copper”, the metal on which he last week imposed a 50 per cent levy, and was also in possession of “some very valuable” critical minerals.