The past week has been a whirlwind of economic and political events. From record-breaking customs duty collections to billionaire investors casting doubt on tariff outcomes, the week was filled with intriguing stories.

In a fiery escalation of U.S.-Brazil tensions, Donald Trump has publicly defended former Brazilian President Jair Bolsonaro, slamming Brazil’s legal proceedings against him as “very unfair.” Trump called Bolsonaro a “good man” and “tough negotiator,

Brazil’s oil exports to the US face potential disruption from threatened tariffs, prompting the country and its state-controlled oil company Petrobras to explore new markets and strategies.