The White House concluded that non-tariff methods for punishing Brazil would take too long, two people familiar with the situation said.

President Donald Trump said at least seven countries can expect tariff letters on Wednesday morning, as he ramped up pressure on nations to strike deals with the United States by saying his new August 1 deadline would not be extended.

The commercial policies of President Donald Trump continue to send shockwaves across the global landscape. As a new deadline for tariff imposition approaches, key nations, particularly the BRICS bloc,