A steep 50% tariff imposed by U.S. President Donald Trump has put Brazilian orange producers on high alert. As the world’s largest exporter of orange juice, Brazil relies heavily on the United States as a key market,

Trump twinned his threat to Brazil with the promise of a 50% tariff on copper, which would strike at the economic lifeline of two more Southern neighbors, Chile and Peru. The president capped his week by setting a 30% tariff on Mexican imports as of Aug. 1.

U.S. President Donald Trump's tariffs threaten the American economy at least as much the European one, German Finance Minister Lars Klingbeil said on Wednesday, calling for a "fair deal" with the Americans.