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Brazilian President Luiz Inácio Lula da Silva tells CNN’s Christiane Amanpour in an exclusive interview it was “a surprise” to see President Donald Trump’s letter posted to Truth Social, threatening Brazil with a crippling tariff of 50% starting August 1st.

BRASILIA (Reuters) -Brazil's highest court on Wednesday upheld most of a controversial presidential decree raising the country's financial operations tax (IOF), handing a revenue-boosting win to President Luiz Inacio Lula da Silva's government.