Dossier
Pix instant payment system
Coverage of Pix instant payment system in the Nexus archive.
- US slaps 25% tariffs on Brazilian goods after probe on unfair trade practices
The U.S. imposed a 25% tariff on Brazilian goods under Section 301 of the Trade Act of 1974, citing unfair trade practices including policies on Brazil's Pix payment system, court orders involving digital platforms, ethanol, and illegal deforestation. Brazil plans to invoke its Economic Reciprocity Law in response, while exemptions for goods like beef, coffee, and aircraft have been outlined.