Reported 1 day ago
The Brazilian government is exploring potential countermeasures against new US sanctions announced by President Trump, including limitations on dividend payments by American firms operating in Brazil and a tax on big tech companies. This comes in the wake of the US revoking visas for certain Brazilian Supreme Court justices amidst tensions following a police raid on ex-President Bolsonaro's home. While Finance Minister Fernando Haddad has denied any plans to limit dividends, Brazil is reviewing other actions, signalling ongoing diplomatic negotiations ahead of impending tariffs.
Source: YAHOO