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The Nexus
BUSINESSJul 13 · 10:44 UTCTHE RIO TIMESRafael Silva Santos

How Brazil’s Pix Became a Target of US Financial Power

Brazil’s Pix payment system, managed by the central bank, is targeted in a US trade case as a barrier to American firms. The US faces a July 15 deadline to act on a proposed 25 percent tariff on Brazilian goods.

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