The Trump administration's steep import tariff on Brazilian coffee looks set to reshuffle trade routes for beans from the world's top grower and exporter, benefiting China and incentivizing traders to look for indirect routes into the U.

US President Donald Trump’s 50% tariff on goods from commodities powerhouse Brazil is upending crop markets, sending orange juice prices tumbling and coffee rising.

President Trump’s executive order carved out a special tariff on goods shipped indirectly to the United States by way of other countries.

In the wake of US President Donald Trump's latest tariff blitz on dozens of economies, China has reiterated a stern warning against protectionism amid growing concern that it will "harm the interests of all parties".

Just hours before a self-imposed deadline, President Trump signed an executive order imposing sweeping new tariffs—ranging from 10% to 41%—on imports from dozens of countries. Canada was immediately hit with a 35% rate,

Trump's new tariff rates include a 35% duty on many goods from Canada, which PM Mark Carney says he's "disappointed" about.

Here’s a breakdown of all the U.S. trade levies on countries and sectors—and the turbulent timeline to get there.

U.S. Treasury Secretary Scott Bessent speaks during a press conference at government quarters Rosenbad after the trade talks between the U.S. and China concluded, in Stockholm, Sweden, July 29, 2025.

Treasury Secretary Scott Bessent conveyed confidence that the U.S. and China would soon reach a deal on tariffs. “I believe that we have the makings of a deal,” Bessent told CNBC early Thursday. “There’s still a few technical details to be worked out on the Chinese side between us.