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

Josh1 min read

USTR officeThe 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 […]

Source: https://news.bitcoin.com/the-target-is-pix-why-the-us-is-imposing-unprecedented-tariffs-over-brazils-free-payment-system/

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Josh

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