{"id":73585,"date":"2026-06-05T05:30:44","date_gmt":"2026-06-05T05:30:44","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/trade-report-claims-instant-payment-system-restricts-american-commerce\/"},"modified":"2026-06-05T05:30:44","modified_gmt":"2026-06-05T05:30:44","slug":"trade-report-claims-instant-payment-system-restricts-american-commerce","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/trade-report-claims-instant-payment-system-restricts-american-commerce\/","title":{"rendered":"Trade Report Claims Instant Payment System Restricts American Commerce"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Citing Section 301, the USTR claims Brazil\u2019s Pix hurts US market firms, proposing tariff actions against it.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">After 7 billion April transactions, Lula defends Pix\u2019s market dominance and will next block changes.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Ahead of October\u2019s polls, Flavio Bolsonaro met Donald Trump to discuss Section 301 market rules.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>Brazil Faces 25% Tariffs For Establishing Pix<\/h2>\n<p>Pix, Brazil\u2019s flagship instant payment system, has returned to the spotlight after being mentioned in the recent report from the Office of the U.S. Trade Representative (USTR).<\/p>\n<p>The report determined that, alongside other alleged causes, including preferential tariffs, anti-corruption enforcement, intellectual property protection, ethanol market access, and illegal deforestation, Pix burdens or restricts U.S. commerce, and the policies behind its establishment are <strong>\u201cactionable under Section 301(b) of the Trade Act.\u201d<\/strong><\/p>\n<p><\/p>\n<p>On the \u201cNotice of Determination and Request for Comments Concerning Action Pursuant to<br \/>Section 301,\u201d the USTR <a href=\"https:\/\/ustr.gov\/about\/policy-offices\/press-office\/press-releases\/2026\/june\/ustr-section-301-determination-brazils-unreasonable-acts-policies-and-practices\" target=\"_blank\" rel=\"noopener noreferrer\">claims<\/a> that <strong>\u201cthe acts, policies, and practices of Brazil related to its preferential treatment of Pix are a burden or restriction on U.S. commerce by imposing costs on U.S. services providers and by forcing U.S. providers to promote their Brazilian competitor, without compensation.\u201d<\/strong><\/p>\n<p>The USTR determined that the central bank\u2019s dual role as Pix\u2019s regulator and operator creates a conflict of interest and disadvantages U.S.-based alternatives by offering it free of charge to individuals and capping its tariffs for institutions.<\/p>\n<p>The move comes after Senator and presidential candidate Flavio Bolsonaro, President Luiz In\u00e1cio Lula da Silva\u2019s strongest contender in October\u2019s elections, visited the White House and met President Donald Trump to discuss organized crime and tariff policies if he clinched a hypothetical victory at the polls.<\/p>\n<p>The Brazilian government has expressed outrage at these preliminary conclusions, stressing that under Brazilian law, national and foreign companies receive equal treatment.<\/p>\n<p><strong>\u201cPIX is a free, public infrastructure for instant payments, operated by the Central Bank of Brazil and widely accepted by the population. Its rules apply uniformly and neutrally, and U.S. companies actively participate in this ecosystem,\u201d<\/strong> an official press release <a href=\"https:\/\/www.gov.br\/secom\/pt-br\/acompanhe-a-secom\/noticias\/2026\/06\/conclusao-preliminar-da-investigacao-da-secao-301\" target=\"_blank\" rel=\"noopener noreferrer\">pointed out<\/a>.<\/p>\n<p>Lula also <a href=\"https:\/\/news.bitcoin.com\/defying-us-criticism-brazil-mulls-pixs-globalization\/\">defended<\/a> Pix, which processed over 7 billion transactions in April. <strong>\u201cPix belongs to Brazil, and no one is going to force us to change it, given the service it provides to Brazilian society,\u201d<\/strong> he declared.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/us-targets-brazils-pix-trade-report-claims-instant-payment-system-restricts-american-commerce\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways Citing Section 301, the USTR claims Brazil\u2019s Pix hurts US market firms, proposing tariff actions against it. After 7 billion April transactions, Lula defends Pix\u2019s market dominance and will next block changes. Ahead of October\u2019s polls, Flavio Bolsonaro met Donald Trump to discuss Section 301 market [&hellip;]<\/p>\n","protected":false},"author":15,"featured_media":73586,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/73585"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=73585"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/73585\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/73586"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=73585"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=73585"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=73585"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}