The fight is rooted in years of political history between President Trump and the last two presidents of Brazil.

Everything is trade. Why it matters: President Trump is threatening tariff hikes in the weeks ahead, with some of the most aggressive aimed at Canada and Brazil, over issues that have nothing to do with trade.

While the lack of progress on trade agreements is a concern, economists at Capital Economics expect most Asian nations to reach deals that subject U.S.-bound goods to tariffs in the range of 10% to 20%.

Brooke Masters and Ron Insana join Stephanie Ruhle to break down why world markets and U.S. financial institutions believe Trump's latest August 1 tariff deadline is just another T.A.C.O. Tuesday.

America’s largest trade partner is awaiting word on whether U.S. President Donald Trump will impose punishing tariffs on its goods.

As the new deadline of July 9th loomed, it became clear that the administration’s boast of “90 deals in 90 days” would fall flat. Negotiators have lined up only two “frameworks”, with Britain and Vietnam.

The president rolled out a new deadline, new rates and letters.

The world that existed before the election is gone, with "Tariff Man" in the Oval Office. The stakes for the global economy and Seattle-area businesses are big.