By Marcela Ayres and Bernardo Caram BRASILIA (Reuters) -Brazilian goods imported by the United States will soon carry one of the highest tariffs imposed by President Donald Trump, but that will not likely derail Latin America's largest economy,

President Luiz Inácio Lula da Silva issued a fierce rejection of President Trump’s demands for Brazil, but said he was ready for dialogue.

President Luiz Inácio Lula da Silva has signaled a firm stance in response to President Donald Trump’s threat to impose sweeping 50 percent tariffs on Brazilian goods, set to take effect August 1. The tariff announcement explicitly linked to Brazil’s ongoing criminal trial of ex-President Jair Bolsonaro sparked strong pushback from Brasília.