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The payments darling in Trump’s crosshairs

  • Posted on July 14, 2026
  • By Financial Times
  • 0 Views
  • 1 min read
In brief

The Trump administration's tariff threats against Brazil have ignited controversy surrounding Pix, the nation's innovative digital payment system. This escalating trade tension emerges during a politically sensitive period leading up to Brazilian elections, raising questions about economic protectionism and the future of fintech cooperation. The dispute threatens to impact Brazil's thriving payments sector and complicates bilateral trade relations between the two nations.

Summary auto-generated by AI from the original publisher's content. Editorial standards.

The payments darling in Trump’s crosshairs
The payments darling in Trump’s crosshairs

US tariff threats against Brazil over payments platform Pix provoke a political storm ahead of elections
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Author
Financial Times

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