The Target Is Pix: Why the US Is Imposing Unprecedented Tariffs Over Brazil’s Free Payment System

https://news.bitcoin.com/the-target-is-pix-why-the-us-is-imposing-unprecedented-tariffs-over-brazils-free-payment-system/
The decision, applied under Section 301 of the Trade Act of 1974, was taken by the USTR after a year-long investigation that found certain circumstances in Brazil, including Pix payments, were “unreasonable” and burdened or restricted “the commerce of American farmers, workers, innovators, and exporters.” USTR Applies 25% Tariffs on Brazilian Goods with Pix Payments [……