Dossier
petroleum
Coverage of petroleum in the Nexus archive.
- US Confirms 25% Tariff on Brazilian Goods Starting July 22
The US will impose a 25% tariff on 4,200 Brazilian products, excluding petroleum, beef, and coffee, starting July 22. Brazil has invoked its Economic Reciprocity Law, potentially allowing it to suspend US intellectual property rights and trade concessions in response.
- BUDGET 2026-27: Govt balances relief and IMF diktat
The 2026-27 budget aligns with IMF fiscal targets, freezes provincial transfers for three years, and introduces new taxes on social media earnings and traders while offering relief to salaried individuals, exporters, and real estate sectors. It includes a 7% salary and pension increase, a higher minimum wage, and tax cuts for certain income brackets and industries.