Archive · 25 Jul 2025

Brazil to counter U.S. tariff hike with credit measures

Brazil to counter U.S. tariff hike with credit measures

Brazil is dealing with higher tariffs from the U.S. on its goods, meaning things from Brazil will cost more in America.

Brazil's government is creating a plan to help, including offering loans to businesses.

The U.S. is raising the tariffs, and it is thought to be influenced by political disagreements.

Some think the U.S. is worried about Brazil's fast payment system, Pix, because it competes with credit cards.

There are accusations that the U.S. is helping the opposition, and preventing talks from the Brazilians.

Sources