President Donald Trump is framing his threat to slap a bruising 50 percent tariff on Brazil as a quest for justice for his friend and ally, far-right former President Jair Bolsonaro.

The European Union said on Wednesday it could reach an outline trade agreement with the United States in the coming days, while U.S. President Donald Trump promised that he would deliver further tari...

The US is Brazil's second-largest trade partner after China, so the hike from a tariff rate of 10% to an eye-watering 50% - if it comes into force - would hit the South American nation hard.