A New Jersey-based orange juice manufacturer has announced that it is suing Donald Trump’s administration over the president’s threatened 50 percent tariffs on Brazil, a country whose citrus exports it depends on.
Johanna Foods warns that Trump’s blanket levy, due to take effect on August 1, could result in a $70 million hit to its business, leading to likely layoffs and a 25 percent increase in the price of orange juice on supermarket shelves.
