Brazil is scrambling to avert punishing 50% U.S. tariffs in a week's time, but high level talks are stalled and U.S. companies are reluctant to confront U.S. President Donald Trump over the issue, officials and industry leaders say.

BRASILIA (Reuters) -Brazilian Vice President Geraldo Alckmin said on Thursday that he had reiterated his country's willingness to negotiate proposed U.S. tariffs on imports from Latin America's No. 1 economy during a conversation on Saturday with U.S. Commerce Secretary Howard Lutnick.

Brazil’s inflation edged up in early July as US President Donald Trump threatened to slap the South American nation with punishing tariffs, further complicating the consumer price outlook for the central bank.

Embraer's strong backlog, record deals, and favorable FX exposure provide medium/long-term support, but near-term uncertainty is high. Read why ERJ is a Hold.

The USD/BRL exchange rate remained in a tight range last week as market participants awaited the upcoming Federal Reserve and Brazilian Central Bank (BCB) interest rate decisions, as well as the potential escalation of the US-Brazil trade war.

A Supreme Court judge ordered an investigation into potential insider trading in Brazil’s currency markets around the announcement of US tariffs on Brazilian goods.

NEW YORK (Reuters) -Bowls and smoothies made of the Amazon berry açaí have become ubiquitous in many cities across the United States, but consumers may think twice about shelling out after August 1 when a 50% tariff on imports from Brazil kicks in.

Rep. Sydney Kamlager-Dove slammed Trump’s latest move to threaten tariffs on Brazil, calling it a political ploy to appease his Brazilian connections. She claims that instead of focusing on building global alliances,