Trump's Aug 1 trade deal deadline is looming. Meantime, video streamer Netflix and food maker PepsiCo both said that a weaker dollar is boosting earnings from sales made overseas.

A prosecutor has asked Brazil's Supreme Court to find ex-president Jair Bolsonaro guilty of plotting a violent coup after a trial that saw President Trump try to intervene.

The Trump administration launched a trade investigation against Brazil on Tuesday, just one week after blasting Brasília for its treatment of ally former President Jair Bolsonaro. The trade investigation ostensibly regards unfair trade practices.

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.

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.

As President Trump ramps up the pressure on dozens of countries, trade experts fear U.S. tariff policy leaves consumers and businesses in limbo.

If implemented, the sanctions against supreme court justice Alexandre de Moraes would dramatically escalate a widening feud between the United States and Brazil.

Trump called Brasília’s prosecution of former President Jair Bolsonaro for an alleged coup attempt a 'witch hunt.'