Latin America’s biggest economy can weather the shock of a high tariff rate. But American coffee lovers and Brazilian ranchers are likely to feel the pain.

Luiz Inácio Lula da Silva says he won’t be cowed by Trump ahead of 50% tariffs set to hit Brazil on Friday

Trump imposes 50% tariffs on Brazil due to Bolsonaro's prosecution, setting legal rationale for economic emergency.

Trump has set a whopping 50% tariff on Brazilian goods - the highest rate levied by the US on a country thus far.

Trump accused of ‘attack on Brazilian democracy’ for sanctioning Bolsonaro judge while slapping a 50% levy on the country – key US politics stories from Wednesday 30 July

Latin America’s biggest economy can weather the shock of a high tariff rate. But American coffee lovers and Brazilian ranchers are likely to feel the pain.

Brazil is an egregious example of how trade levies are being shaped by presidential whim