The US targets Brazil's Pix instant payment system with 25% tariffs as the free transfer platform threatens Visa and Mastercard dominance.

Washington views Brazil’s promotion of non-dollar payment channels, including Pix and the growth of stablecoins, as a potential threat to dollar-based trade.

Learn about the new 25% tariff regime and its impact on Brazilian exports. Find out why the U.S. took this measure, targeting Pix.

But his tariff assault on Pix just makes Brazilians love it—and Lula—more | World News