Despite the tariff threat, Brazil’s Finance Ministry projected limited economic impact, maintaining its 2.5% GDP growth forecast for 2025. Officials said only specific sectors, like aerospace and energy machinery—heavily reliant on US buyers—might suffer.

Retail sales volumes in Brazil fell unexpectedly in May from the previous month, data from statistics agency IBGE showed on Tuesday, corroborating views of an economic slowdown after industrial production also slipped in the period.

But betting on a collapse of the country’s social-economic structure is a mistake.

Brazilian President Lula da Silva responds to Trump’s 50% tariff threat by declaring Brazil can survive without US trade

Brazilian President Lula da Silva threatens retaliatory tariffs against the US if President Trump imposes increased import taxes due to Bolsonaro's trial. Lula aims for negotiation but warns of reciprocal measures.

These kinds of tax debt transactions were originally created to grant discounts on debt renegotiation for companies in serious financial situations. They were made more flexible by a 2024 regulation that allowed the government to seek agreement with large companies to avoid costly and potentially unsuccessful court actions.

The U.S. dollar slipped further from a two-week high versus major peers on Thursday, as President Donald Trump's latest tariff salvos failed to shake markets, except in Brazil where a threatened 50% levy sent the real sliding as much as 2.

Brazil's central bank expressed confidence in its capacity for keeping inflation close to the official target until the end of 2027.

In addition to a significant increase in employment, the study shows that income generated in an electric vehicle transition scenario is 85% higher. Positive outcomes depend on advancing domestic electric vehicle production,

Turns out Brazil has the largest Lebanese diaspora in the world—and it shows. From politicians with roots in Baalbek to fast-food chains slinging millions of sfiha, the Lebanese-Brazilian story is everything but small.