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US Targets Brazil’s Pix: Trade Report Claims Instant Payment System Restricts American Commerce

Notice of Determination of Brazil's Section 301 tariffsThe Trump Administration has proposed imposing 25% tariffs on Brazilian goods under Section 301 of the Trade Act of 1974. The investigation alleges that Brazil “has unfairly disadvantaged U.S. companies engaged in competing electronic payment services” by promoting Pix. Brazil Faces 25% Tariffs For Establishing Pix Pix, Brazil’s flagship instant payment system, has returned to […]

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US Targets Brazil’s Pix: Trade Report Claims Instant Payment System Restricts American Commerce

Notice of Determination of Brazil's Section 301 tariffsThe Trump Administration has proposed imposing 25% tariffs on Brazilian goods under Section 301 of the Trade Act of 1974. The investigation alleges that Brazil “has unfairly disadvantaged U.S. companies engaged in competing electronic payment services” by promoting Pix. Brazil Faces 25% Tariffs For Establishing Pix Pix, Brazil’s flagship instant payment system, has returned to […]

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