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US imposes 25% tariffs on Brazilian imports over digital payments dispute
๐Ÿ“ˆ Business

US imposes 25% tariffs on Brazilian imports over digital payments dispute

The US government has imposed an unprecedented 25% Section 301 tariff on most goods imported from Brazil, triggered by a dispute over Brazil's digital payments policy. The move marks a sharp escalation in trade tensions between the two largest economies in the Americas. Analysts describe the decision as extraordinary given the scope of goods affected.

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