Recent law ended exemption for international e-commerce under $50; all imports now subject to tax, with few exceptions 04/15/2025 Consumers who purchase products from international websites or bring goods from overseas travel are subject to paying Brazil’s Import Tax, a federal levy overseen by the Federal Revenue Service. One of the agency’s stated goals is […]
Abrupt shift to 36 hours seen as risk to wages, jobs, and national output 04/11/2025 A sudden reduction of Brazil’s average workweek to 36 hours—the central proposal in a constitutional amendment backed by Congresswoman Erika Hilton to eliminate the 6-days-on, 1-day-off work schedule—could shrink the country’s value added to the economy and its GDP by […]
Izabella Teixeira, Brazil’s environment chief from 2010–2016, says decarbonization brings opportunity—but globally, energy is being added, not replaced 04/11/2025 Amid global geopolitical turmoil, Brazil is the best place to host the next United Nations climate summit, said Izabella Teixeira, Brazil’s environment minister from 2010 to 2016. “Brazilian democracy’s ability to welcome the world with its […]
Economist Paul Krugman warns of inflation and false victories in new protectionist wave 04/11/2025 Brazil and the United States held their first negotiations since U.S. President Donald Trump’s sweeping tariff hike, which added a 10% duty on all Brazilian exports. According to sources, the two sides met on Thursday to discuss two main issues: clarifying the […]
Companies seek professionals for emission reduction projects, clean energy adoption, and credit negotiations 04/10/2025 A new “green” industry is gaining momentum in Brazil and beginning to recruit professionals for strategic roles. The regulated carbon market—which allows companies and countries to offset greenhouse gas (GHG) emissions by purchasing credits tied to environmental initiatives—was established by a […]
Construction cost and port disruption top list of investor worries 04/10/2025 The auction for the Santos-Guarujá tunnel concession is scheduled for August, but private-sector players are already gearing up for what is considered an exceptionally complex project. According to sources familiar with the matter, at least four business groups are actively studying the bid: China’s CCCC, partnered […]
Projections point to closer ties with China, potential delays in investment 04/10/2025 The Trump administration’s surprise decision to impose new tariffs on Chinese imports has split Brazilian analysts over the potential fallout for Brazil’s economy. Experts interviewed by Valor expect continued headwinds for sectors like steel and aluminum—particularly if the 25% tariffs remain in place, well above the general […]
CitrusBr says cost to Brazilian exporters could rise 80% 04/08/2025 The tariff hike announced by U.S. President Donald Trump is expected to cost Brazilian orange juice exporters more than half a billion reais. According to CitrusBR, which represents exporters Cutrale, Citrosuco, and Louis Dreyfus, the new 10% tariff on the commodity could add $100 million […]
Ibovespa falls sharply, real weakens to R$5.91 per dollar amid global sell-off 04/08/2025 A surge in global market volatility led to broad losses in Brazilian assets on Monday (7), following renewed trade tensions between the United States and China. A threat by U.S. President Donald Trump to impose an additional 50% tariff on Chinese products hit […]
Economist sees unprecedented shock increasing global uncertainties with repercussions in Brazil 04/07/2025 Santander Asset Management has adopted a defensive stance on global assets and is taking a tactical approach to domestic markets amid heightened uncertainty prompted by the “unprecedented shock” from the sweeping tariff hike announced by the United States, said Chief Economist and Strategist Eduardo Jarra. In […]