Tarcísio de Freitas, governor of São Paulo state and a former infrastructure minister under Bolsonaro, told reporters Thursday that the U.S. tariffs would have a negative impact on the economy and for important industrial exporters from his state, including Brazilian plane maker Embraer.

U.S. President Donald Trump's plan for a 50% tariff on goods from Brazil will likely raise prices for the beef that is used in American hamburgers, traders and analysts said on Thursday, as food manu...

Implementing tariffs doesn’t necessarily cause the same pain to the targeted entities, and it can boomerang back on the U.S.