Donald Trump’s threat to impose 50% tariffs on Brazilian goods sent the country’s currency plunging as the US leader sharply escalated a dispute with Latin America’s largest nation and leftist leader Luiz Inacio Lula da Silva.

President Donald Trump's administration says higher rates will go into effect Aug. 1. Here's where trade negotiations stand.

Steep tariff rates are set to go back into effect after a 90-day pause on the April 2 rates that rocked the stock market.

The Bank of Korea left its policy rate unchanged Thursday as it monitors the impact of its earlier easing moves on soaring home prices and an economy threatened by higher US tariffs.

The Bank of Japan will likely hold off raising interest rates again until at least next March to assess the damage that U.S. tariffs could inflict on the economy, former central bank policymaker Makoto Sakurai said on Wednesday.

President Trump defended former Brazilian President Jair Bolsonaro, who is accused of plotting an attempted coup following his loss in the 2022 election.

The new tariffs [threatened in letters](

South Korea's central bank held interest rates steady on Thursday, as policymakers steered a cautious path amid concerns about financial stability risks stemming from rising household debt and economic pressure from U.

Live updates and the latest news as the Trump administration is expected to announce new trade actions and Pete Hegseth and Benjamin Netanyahu meet