Orange Juice Hits Four-Month High on Brazil Tariffs (Correct)

Orange juice futures rose to a four-month high in New York on mounting worries that President Donald Trump’s threat to slap a 50% tariff on Brazilian goods will curb supplies to the US.

The most-active contract rose as much as 8.7% to $3.1385 a pound, the highest intraday level since March 6. Juice futures have rallied since last week, when Trump announced tariffs set to go into effect in August that risk upending trade in commodities ranging from coffee to beef.

Brazil is the top supplier of orange juice to the US, with imports for consumption last year ...