According to the *O Globo* news portal, Brazil’s position was conveyed to the Office of the United States Trade Representative (USTR) in a 29-page document signed by Foreign Minister Mauro Vieira, in response to the investigation launched under Section 301 of the US Trade Act.
In the text, President Luiz Inacio Lula da Silva’s government maintains that imposing a blanket tariff is an “inappropriate way out,” arguing that the measure bears no relation to the concerns raised by Washington and would harm both Brazil and US commercial interests.
The response also counters one of the United States’ main objections regarding the Pix instant payment system, asserting that its legal framework is neutral and applies equally to domestic and foreign entities.
According to the document, far from excluding international companies, Pix has expanded the financial services market and created new opportunities for private providers, including US companies such as Google Pay and Visa.
Brazil further argues that Section 301 does not authorize the imposition of trade sanctions against a sovereign state due to political or regulatory differences, and therefore considers the USTR investigation unjustified.
In this context, Vieira requested that the United States refrain from adopting unilateral measures stemming from the investigative process, the media outlet reported.
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