Trump launches investigation into Brazilian digital trade practices in on-going battle with Brazil over the dollar's hegemony

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.

Nobel Prize-winning economist Paul Krugman believes tariffs President Trump has threatened to impose on countries, including Mexico and Brazil, are here to stay and will cost U.S. consumers.

Kevin Hassett, a top economic advisor to President Trump, was out defending the administration's threat of a 50% tariff on imports from Brazil. The U.S. has a trade surplus with Brazil, in contrast to

Facing growing chaos, the European Union and numerous other countries are seeking to forge a global trading nexus that is less vulnerable to American tariffs.