U.S.-Brazil Feud Could Speed Up De-Dollarization
BRAZIL, JUL 25 – The U.S. threatens 50% tariffs and visa bans over Brazil's judicial actions and Pix payment system, used by 76% of Brazilians, aiming to reduce dollar dependence.
Summary by Foreign Policy
3 Articles
3 Articles
Bahia's Secretary of Labor, Employment, Income, and Sports (SETRE), Augusto Vasconcelos, responded strongly to statements by former US President Donald Trump, who announced his intention to impose trade sanctions on Brazil, citing the instant payment system PIX as one of the targets. According to Vasconcelos, PIX is a Brazilian innovation that has become a global benchmark for facilitating public access to payment methods, eliminating intermedia…
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Leaning Left0Leaning Right0Center2Last UpdatedBias Distribution100% Center
Bias Distribution
- 100% of the sources are Center
100% Center
C 100%
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