Brazil & United States — United States Trade Representative

Brazil: Brazil is the host country for Pix, a highly popular instant payment system. The country's Central Bank governs Pix, and its trade practices are being scrutinized by the United States.

United States — United States Trade Representative: The United States — United States Trade Representative initiated an inquiry into Pix, claiming it creates unfair competition for U.S. credit card operators by bypassing traditional transaction fees.

Brazil: Brazil is directly involved in the discussions with the United States regarding tariffs, trade practices, rare earth minerals, and cooperation in combating organized crime, which could impact its economy and political stability.

United States — United States Trade Representative: The United States — United States Trade Representative alleged that nearly half of Brazil's timber exports come from illegal sources, which Brazil denies.