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Brazil's Supreme Court denied president Jair Bolsonaro's request to be visited by Argentine President Javier Milei while under house arrest. Justice Alexandre de Moraes barred political-electoral visits until after October's elections, after Bolsonaro breached conditions by writing a political letter.
The US will levy a 25% Section 301 tariff on most Brazilian goods starting July 22, targeting Brazil's state-run Pix payment system. The USTR argues Pix's rules disadvantage American firms like Visa and Mastercard. This marks the first use of Section 301 against a country's domestic payment system.
Brazil's government delayed invoking its Reciprocity Law and chose a cautious approach to avoid escalating trade conflict with the US after a 25% tariff on Brazilian exports. Foreign Minister Mauro Vieira rejected US demands as excessive, while Brazil announced support for affected companies.
Argentina, Brazil, and Guyana are benefiting financially from oil export booms as the Iran war disrupts Strait of Hormuz supply. The IMF raised Brazil's 2026 growth forecast by 0.5%, and Argentina paid down $4.3 billion in debt with inflation slowing.
US tariffs are giving Brazilian President Lula an election-year edge against opponent Flávio Bolsonaro. The Bolsonaro family faces consequences from their alliance with former US President Donald Trump.
This commentary argues that the Trump administration is pressuring Brazil to abandon its popular instant payment system, Pix, as part of a broader effort to counter Chinese influence in Latin America. It contends that the US demands, including scrapping tariffs and supporting Bolsonaro, reflect a transactional approach to regional diplomacy.
An investigation by 9to5Mac uncovered over 60 apps on Brazil's App Store that appear as simple games or utilities but reveal betting platforms when accessed from a Brazilian IP. The apps are published by Vietnamese-named accounts, share similar privacy policies, and are about 15MB each.
Brazil's Treasury Secretary Daniel Leal announced plans to raise about 10 billion yuan ($1.48 billion) via an inaugural panda bond transaction as soon as this year. The issuance is part of Brazil's push to enter China's onshore bond market.
A new reptile fossil species, Silescelida acristata, was discovered in Rio Grande do Sul, Brazil, dating to about 240 million years ago. The fossil sheds light on the common origins of dinosaurs and crocodiles and was found in the UNESCO Quarta Colônia Geopark.
Bath & Body Works expanded into Brazil, opening its first store in São Paulo and launching a dedicated e-commerce site. The move targets one of the world's largest beauty markets, offering the Viva collection inspired by Brazilian fragrances.