Brazilian President Lula has reportedly called US visa sanctions linked to Bolsonaro's trial "arbitrary" and warned against foreign interference in Brazil's judiciary.

Washington’s move came after judge Moraes imposed ‘suffocating’ curbs on the former leader, who is facing coup charges.

BRASILIA (Reuters) -Brazil's highest court on Wednesday upheld most of a controversial presidential decree raising the country's financial operations tax (IOF), handing a revenue-boosting win to President Luiz Inacio Lula da Silva's government.

The Brazil Treasury's outlook for the country's gross public debt has worsened, with a forecast rise by 10.6 percentage points during President Luiz Inacio Lula da Silva's current term, 0.6 point higher than its previous estimate in December.

Brazil’s judiciary has started sweeping crackdowns on speech and political rivals. A U.S. tariff response signals the crisis has gone international.

Brazil's congress passed legislation on Thursday loosening environmental licensing, a potential blow to President Luiz Inacio Lula da Silva as he seeks to burnish his country's green credentials before hosting the United Nations global climate summit,

The United States has launched an investigation into “unfair” trading practices by Brazil, escalating President Donald Trump’s spat with the world’s 10th-largest economy over issues including the criminal case against its former President Jair Bolsonaro.

Brazil has yet to hear a response from Washington about an offer it made in trade talks two months ago, Vice President Geraldo Alckmin said on Monday, after U.S. President Donald Trump slapped much higher tariffs on Brazil last week.