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The Target Is Pix: Why the US Is Imposing Unprecedented Tariffs Over Brazils Free Payment System The decision, applied under Section 301 of the Trade Act of 1974, was taken by the USTR after a year-long investigation that found certain circumstances in Brazil, including Pix payments, were unreasonable and burdened or restricted the commerce of American farmers, workers, innovators, and exporters. USTR Applies 25% Tariffs on Brazilian Goods with Pix Payments []
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