The peso weakens on tariff jitters as U.S. tariff shifts and softer U.S. jobs data boost odds of Fed cuts, deepening the currency’s weekly slide.

Latin America’s biggest economy can weather the shock of a high tariff rate. But American coffee lovers and Brazilian ranchers are likely to feel the pain.

A new 50% tariff on Brazilian imports is set to take effect tomorrow (Aug. 1), raising concerns among Michigan coffee shop owners about possible shortages and price ...