"I’ll be watching the WITCH HUNT of Jair Bolsonaro, his family, and thousands of his supporters, very closely," Trump stated. "The only Trial that should be happening is a Trial by the Voters of Brazil — It’s called an Election." The one area where Trump and Bolsonaro differ is in their pre-politics past.

President Donald Trump announced Wednesday he planned to hit Brazil with a 50% tariff, in part because of the treatment of its former president Jair Bolsonaro, his political ally.

As Brazil’s Luiz Inacio Lula da Silva and Donald Trump trade blows, the person they are fighting over has sent mixed signals to investors trying to divine who will blink first.

Tensions between the United States and Brazil have suddenly burst open. Brazil’s president promised to reciprocate against President Trump’s tariffs.

Welcome to The Hill’s Business & Economy newsletter{beacon} Business & Economy Business & Economy   The Big Story Trump, Bolsonaro bromance persists President

U.S. President Donald Trump has criticized Brazilian authorities over what he calls “a witch hunt” against former President Jair Bolsonaro.

It’s almost as if tariffs are the new sanctions. Consider Trump’s announcement Wednesday that Brazil will face 50 percent tariffs. He made that threat in part because he’s upset about how the current Brazilian government is treating former Brazilian President JAIR BOLSONARO,