US President Trump has threatened to impose tariffs on Brazil targeting the Pix payments platform, sparking a political storm ahead of the country's upcoming elections. The United States announced plans for these new tariffs while accusing Brazil of unfair trade practices. These measures are intended to replace previous tariffs that were struck down by the Supreme Court.
US imposes 25% tariffs on Brazilian imports, boosting domestic steelmakers like Nucor while aerospace exemptions limit risks for Embraer.
Read the full storyDonald Trump is pivoting to a new legal strategy to reimpose 25% tariffs on Brazil after a Supreme Court ruling invalidated previous trade measures.
The U.S. plans new trade barriers against Brazil to replace previous tariffs struck down by the Supreme Court, citing unfair trade practices.
US President Trump threatens tariffs targeting Brazil's digital payment system, sparking a political firestorm ahead of the country's upcoming elections.