The Trump administration is investigating Brazil's digital payment system Pix.
2025-07-17 23:00:44
Jamieson Greer, the US trade representative, announced the launch of an investigation into Brazil's digital trade policies, focusing on Pix, the central bank-dominated instant payments system. The US has accused Brazil of using non-tariff barriers and preferential treatment to crowd out US companies and crack down on US technology companies that refuse to cooperate with content censorship. Pix has become the core of Brazil's digital economy because of its low cost and convenience.
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