Brazil Macro Brief: September 2025

Brazil Macro Brief: September 2025

US-Brazil relations deteriorate further, with President Trump taking what looks to be personal offence at former President Jair Bolsonaro’s conviction and sentencing, and now Brazil’s chief prosecutor charging Bolsonaro’s son, a congressman. Right now Trump’s nightmare scenario for himself and his family after his term ends is playing out in real time in Brazil and for Bolsonaro. It is no wonder his administration’s reaction has been so vociferous and interfering.
US Relations, Visas, and Tariffs
The spat between the US and Brazil over supreme court decisions against former President Jair Bolsonaro continues. On 6th August the US imposed new tariffs totalling 50% on the majority of Brazilian goods (less civil aircraft, parts, and orange juice), and also applied sanctions and visa restrictions against various Brazilian justice system figures associated with the decision against Bolsonaro. More recently, and ridiculously, the US applied similar sanctions against the wife of Supreme Court...

You must be  signed in to read this content. Please enter your user name and password below for access. Want the full Brief? Register free for full access to 16+ countries. Register for free here.