US President Donald Trump turned his trade ire against Brazil on Wednesday (Jul 9), threatening Latin America's largest economy with a punitive 50 per cent tariff on exports to the US and ordering an unfair trade practices investigation that could lead to even higher tariffs. Trump set the Aug 1 tariff rate - far higher than the 10 per cent duty imposed on Brazil on Apr 2 - in a tariff letter to Brazilian President Luiz Inacio Lula da Silva, that vented anger over what he called the "Witch Hunt" trial of Lula's right-wing predecessor, Jair Bolsonaro. Criticising what he said were Brazil's attacks on free elections ... (full story)