
President Donald Trump’s threat to boost import taxes by 50% on Brazilian goods could drive up the cost of breakfast in the United States. The prices of coffee and orange juice — two staples of the American morning diet — could be severely impacted if there's no agreement by Aug. 1.
Brazilian beef and regional airliners are also among the products that could be affected by Trump's decision announced Wednesday, which Brazil's President Luiz Inácio Lula da Silva promised on Thursday to reciprocate.