Trump launches investigation into Brazilian digital trade practices in on-going battle with Brazil over the dollar's hegemony

SAO PAULO (AP) — Brazil’s former President Jair Bolsonaro has been ordered to wear an ankle monitor, authorities said on Friday, in a move he described as “a supreme humiliation.” The development came as federal police conducted searches at his home and his party’s headquarters in Brasília, in compliance with a Supreme Court order.

Once called the planet’s most popular politician, President Luiz Inácio Lula da Silva of Brazil faced long odds in next year’s election. President Trump’s tariffs are changing that.

Nobel Prize-winning economist Paul Krugman believes tariffs President Trump has threatened to impose on countries, including Mexico and Brazil, are here to stay and will cost U.S. consumers.

Kevin Hassett, a top economic advisor to President Trump, was out defending the administration's threat of a 50% tariff on imports from Brazil. The U.S. has a trade surplus with Brazil, in contrast to

Facing growing chaos, the European Union and numerous other countries are seeking to forge a global trading nexus that is less vulnerable to American tariffs.