U.S. President Trump threatens tariffs on Brazil over Bolsonaro's coup trial.

US President Donald Trump has criticized Brazil's treatment of former President Jair Bolsonaro, who is on trial for plotting a coup. Trump called Bolsonaro an "honest man" and threatened a 50% tariff on Brazilian goods starting August 1 if the trial does not end. Brazil's current president, Luiz Inácio Lula da Silva, rejected Trump's claims and warned of retaliatory tariffs. Brazil plans to diversify trade ties by strengthening relations with countries like Indonesia, Canada, and Japan.