Washington has wielded the threat of 50% tariffs against Brazil to influence the Brazilian judiciary, condemning what it calls a 'witch hunt' against former far-right President Jair Bolsonaro.

Trump and Lula's spat is just the latest in a long battle for regional influence between the U.S. and Brazil. The next battleground may be over the U.S. dollar. The post The U.S.-Brazil Spat Is About More Than Just Trump and Lula appeared first on World Politics Review.

Brazil President Luiz Inacio Lula da Silva’s defiant response to Donald Trump’s 50% tariff threat was validated Wednesday — at least in the short term — with markets and businesses breathing a collective sigh of relief at the long list of exemptions to the levies.