Earlier this month, US President Donald Trump announced new tariffs, which included raising duties on Brazilian imports to 50% from 10%, effective Aug 1. Producers of coffee and other goods hope a solution can be found before then.

President Donald Trump’s administration is preparing a new emergency declaration as a basis for tariffs on Brazil, people familiar with the matter say.

Brazilian President Luiz Inácio Lula da Silva says that his government has not been successful in trying to negotiate the 50% tariff on Brazilian imports that U.S.