Brazil Daily

Brazil facing further U.S. trade setbacks

Today, we cover the continuing bumps in Brazil-U.S. relations. Reactions to São Paulo’s tax reform. And more uncertainty surrounding coronavirus vaccines.

Brazil, U.S. set for complicated relations ahead

2020 ended with the U.S. Congress focused on passing a USD 900-billion pandemic relief plan that would send money to households and businesses grappling with the economic toll of the coronavirus crisis. For Brazil, this effort meant there was not enough time for U.S. lawmakers to prevent the expiration of the Generalized System of Preferences (GSP) — which provides thousands of products from developing countries duty-free access to the U.S....

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