As the USTR zeroes in on Brazil’s instant payment system, Pix, concerns are mounting not only in Brasília but also in Brussels.

As the USTR zeroes in on Brazil’s instant payment system, Pix, concerns are mounting not only in Brasília but also in Brussels.

Brazil and US officials are negotiating over a proposed 25% tariff, racing a July deadline that could reshape trade between two economies in the Americas.