US Trade Representative confirms intent to maintain tariff regime despite Supreme Court ruling
The Trump administration is moving to replace duties invalidated by the Supreme Court, signaling a commitment to protectionist trade policies. It remains uncertain how the new tariff structure will be legally framed to withstand further judicial scrutiny or how trading partners will respond to the continued imposition of levies.
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Brazil-US Trade Friction Escalates Amid Brazilian Industrial Policy Shift
Brazil is actively responding to US trade protectionism with a $3.6 billion industrial support package and considering a WTO dispute, while simultaneously enacting a new state-led industrial policy ('Brasil Soberano 3'). These actions signal a strategic pivot by Brazil to mitigate external trade pressures and bolster domestic industry, potentially impacting bilateral relations and global trade dynamics. The long-term efficacy of Brazil's strategy and the sustained nature of US protectionism remain key uncertainties.