AGP Executive Report
Last update: 2 hours agoU.S.-Brazil Trade Clash: President Trump’s administration rolled out sweeping Section 301 forced-labor tariffs on 60 economies, effective Friday, with rates of 10% for countries deemed to have enforced bans and 12.5% for others—and Brazil is among those hit, a move that Amcham Brasil says could affect about $12.5bn in annual exports and stack with last week’s 25% duties. Brazil’s Response: Lula signed a law banning foie gras sales and production, a symbolic trade jab that Brazil frames around animal cruelty and that France is likely to treat as another friction point. Legal-Political Fallout in Brasília: Brazil’s Supreme Court authorized a probe into financing behind a Bolsonaro biopic (“Dark Horse”), examining transfers tied to former banker Daniel Vorcaro—a case that could further entangle the Bolsonaro political network ahead of the election calendar. Foreign Policy Signals: China’s Wang Yi met Brazil’s Mauro Vieira, stressing deeper cooperation in aerospace, connectivity, and AI, while positioning Brazil as a key Global South partner. Public Safety Watch: Brazil’s security data show intentional homicides fell in 2025, but femicide rose, keeping gender violence at the center of policy debate.
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