Term trading in orange juice is soaring in New York to the highest level in the past four months. This after President Donald Trump's threat to impose 50-percent tariffs on Brazil, which is the largest exporter of orange juice to the USA.
The increase of 8.7 percent occurs at the same time as the EU has threatened to raise tariffs on American orange juice. This as a response to the USA's and Trump's tariff threats against EU countries.
