Consumers complain about high prices; producers se Chinese competition as unfair 04/01/2025 Amid weakened demand across various industrial sectors, the construction sector continues to sustain steel consumption in Brazil. Driven by housing and infrastructure projects, construction companies keep purchasing, while other segments are either scaling back or increasing imports to cut costs. The Brazilian market is […]
Report mentions Brazil in six of its 397 pages; Trump aides forecast tariffs of 20% or higher 04/01/2025 The United States accused Brazil and several other countries of imposing numerous barriers against American products, in a 397-page report released on Monday (31) by the Office of the United States Trade Representative (USTR), just two days […]
Agreement includes supplying marine fuel blends and studying new export, import, and cabotage routes 03/28/2025 Vast Infraestrutura, the liquid bulk logistics subsidiary of Prumo Logística, and biodiesel producer Be8 have signed a memorandum of understanding (MoU) to explore the development of the marine biofuel market at the Port of Açu, located in São João da […]
Monetary authority Chief Gabriel Galípolo says unanchored expectations require “greater effort”; institution sees 70% chance of inflation above target in 2025 03/28/2025 The persistence of inflation and the perception that it will remain above the target has not only led to a sharper increase in Brazil’s benchmark interest rate, the Selic, but may also require […]
Besides Brazilian auto parts shipped to the U.S. and used in Mexican car plants, automakers may redirect investments to American factories 03/28/2025 Import tariffs in the automotive industry, already in effect or under discussion by Donald Trump’s administration, are expected to impact Brazil as well. The United States and Mexico are the second- and third-largest […]
Minutes of last meeting show Monetary Policy Committee expects pass-through on industrialized goods of dollar’s recent appreciation against Brazilian real 03/25/2025 Minutes of the last meeting of the Monetary Policy Committee (COPOM) show Central Bank officials expects the recent appreciation of the dollar against the real to affect industrial prices in the coming months, and […]
Increasing taxation on high income does not ensure a change in the tax model, experts say 03/20/2025 The proposal announced by the Lula administration to reform income tax, affecting both those earning up to R$5,000 and high-income taxpayers, places Brazil at the heart of a debate that has gained momentum in recent years. The discussion revolves […]
Eldorado is controlled by the Batista family’s J&F, who claim the contract signed with Paper expired in 2018; courts have already recognized its validity 03/20/2025 The Tribunal of the Administrative Council for Economic Defense (CADE) has narrowed the scope of the provisional remedy imposed by the antitrust watchdog’s General Superintendency, thus restoring certain shareholder rights […]
The 100-basis-point hike announced Wednesday marks the fifth consecutive increase, pushing the benchmark interest rate to its highest level since 2016 03/20/2025 As expected, the Central Bank’s Monetary Policy Committee (COPOM) raised the benchmark Selic interest rate from 13.25% to 14.25%. The key question now is what comes next. On this front, the committee indicated […]