Once called the planet’s most popular politician, President Luiz Inácio Lula da Silva of Brazil faced long odds in next year’s election. President Trump’s tariffs are changing that.

BRASILIA/SAO PAULO (Reuters) -Brazil on Wednesday urged the U.S. to respond to a trade proposal submitted in May, reaffirming its openness to a "mutually acceptable" deal after U.S. President Donald Trump announced a 50% tariff on Brazilian goods starting in August.

Brazil's highest court on Wednesday upheld most of a controversial presidential decree raising the country's Financial Operations Tax (IOF), handing a revenue-boosting win to President Luiz Inacio Lula da Silva's government.

GDP growth in Brazil has been remarkably resilient over the past three years and, as expected, is showing signs of moderation. The expansion has reflected strong consumption supported by fiscal stimulus on the demand side,

Following Trump’s 50% tariff hike on Brazilian goods, a decree creates fast-track process for countermeasures against countries targeting Brazilian interests.

Brazil's Senate on Wednesday approved in a first vote a constitutional amendment to change how the government accounts for court-ordered debt payments starting in 2027, potentially helping it meet fiscal target once considered unattainable.

President Donald Trump has pledged a 50% tariff against Brazil, a major producer of green coffee beans. That could lead to higher coffee prices.

The Amazon rainforest -- considered one of the world's most important climate regulators - continues to face serious threats in 2025.

Frozen concentrate orange juice futures have risen about 25% since President Trump said late Wednesday that he would impose 50% tariffs on imports from Brazil starting next month. Orange juice fut

Nestle announced on Thursday environmental restoration projects in partnership with reforestation startup re.green and chocolatier Barry Callebaut in Brazil, seeking to plant millions of trees in areas where it sources key ingredients.