The payments darling in Trump’s crosshairs
AI Summary
The US has threatened tariffs against Brazil due to its popular payments platform Pix, sparking a political controversy just before Brazil's elections. This move highlights the tension between trade policies and technological advancements, as Pix has revolutionized financial transactions in Brazil. The implications could affect diplomatic relations and economic strategies, making it a critical issue for both nations. For a deeper dive, check out the full article on the Financial Times website.
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