As President Trump ramps up the pressure on dozens of countries, trade experts fear U.S. tariff policy leaves consumers and businesses in limbo.

Inflation jumped last month hitting its highest mark in months amid Trump’s tariffs threat - Inflation rose 0.3 percentage points in the last month and 2.7 percent in the past year

In response to Trump tariffs, the Brazilian President has flagged reciprocal levies if the U.S. tariffs go into effect by the Aug. 1 deadline set by the U.S. President.

One of the highest tariffs threatened by President Trump so far is against Brazil, with the president citing a criminal prosecution against Jair Bolsonaro.

The move comes as the Commerce Department officially withdrew from a longtime trade agreement governing imported tomatoes on Monday, July 14.The tariff is slightly lower than the 21% duty floated by Trump officials in April,

Brazil's chief prosecutor has recommended a guilty verdict in the trial of former president Jair Bolsonaro, who is accused of leading a coup plot that sought to overturn the 2022 election result.

The US is imposing a 17% tariff on most tomatoes imported from Mexico with immediate effect, the government said. The duty came into force after the US withdrew from a long-standing agreement with its southern neighbour,

The president has earned a reputation for bluffing on tariffs. But he has steadily and dramatically raised U.S. tariffs, transforming global trade.