#agribusiness

#agribusiness

President Donald Trump's threat to boost import taxes by 50% on Brazilian goods could drive up the cost of breakfast in the United States, significantly impacting coffee and orange juice prices. The announcement is politically motivated and targets the Brazilian Supreme Court trial of former president Jair Bolsonaro. Brazil's President Lula promised to reciprocate Trump's tariffs as Brazilian exporters and politicians criticize the U.S. move, emphasizing its detrimental effects on agribusiness and trade relations.

"It was just knowing that his farm had such a major role," said his good friend Doug Burge. "It was probably the most fun we ever had."

The $8.2-billion US merger of Bunge and Viterra is now complete, forming one of the world's largest agribusiness companies.