Money managers from Aberdeen Group Plc to Franklin Templeton are staying bullish on Brazil, betting the country will withstand its unexpected turn in the epicenter of Donald Trump’s trade war. One reason: The fairly closed Brazilian economy,

One of the highest tariffs threatened by President Trump so far is against Brazil, with the president citing a criminal prosecution against Jair Bolsonaro.

Brazil believes it can withstand Trump’s 50 percent tariff, and aides to Lula say he is unlikely to shrink from a confrontation with the White House.

Brazil's finance ministry raised its forecast for economic growth this year, while projecting a slight slowdown in 2026 in face of the central bank's tight monetary policy, a report showed on Friday.

The president signaled he would seek to use the threat of steep levies to reorient trade and protect his political allies.

Nottingham Forest have confirmed their latest summer signing to be defender Jair Cunha from Botafogo in Brazil's Serie A league. The 20-year-old has just returned from the Club World Cup where Botafogo went out in the Round of 16 against fellow Brazilian side Palmeiras.

Andrew Charles, TD Cowen analyst, joins CNBC's 'Squawk on the Street' to discuss what potential tariffs on Brazil could mean for Starbucks, whether coffee price increases matter to consumers, and more.