What do US tariffs mean for Brazillian coffee?

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  Hello and welcome to World Business Report from the BBC World Service.

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  I'm David Harper and on this edition we're live in Brazil in just a second to see how new US tariffs have been felt there and what hopes there are for a reprieve.

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  We'll also hear from a former deputy governor of Nigeria's central bank for his take on debt and its future across the African continent.

• 00:18

  And it's not just a Mickey Mouse company,

• 00:20

  the Disney Corporation is making a big commitment to live sports.

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  We'll hear some of the details of that in just a moment.

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  First, though, the 50% tariffs US President Donald Trump has placed on Brazil,

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  which came into force on Wednesday, have been widely criticised for being political in nature.

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  For most countries, the president has been critical of their trade deficits with the US.

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  With Brazil, though, the US runs a surplus instead.

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  This is widely thought to be

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  because Mr Trump wants Brazilian authorities to drop charges against the former president,

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  Jair Bolsonaro, who is accused of plotting a coup after losing the 2022 election.

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  In the crossfire in all this, a Brazilian...

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  and businesses who export to the US and those US importers who are the ones who will actually be paying the extra taxes.

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  Ione Wells is our South America correspondent and joins us live from Sao Paulo now.

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  These tariffs hitting today,

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  we've talked quite a bit about the political nature of what's being brought in here.

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  What is the response from the current president, the current political system in Brazil been?

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  Well, it's been very critical.

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