The Ministry of Finance has established a comprehensive agenda of macroeconomic and microeconomic reforms aimed at fostering economic stability, sustainable growth, and tax justice. In a world of constant transformation, Brazil has also launched new platforms to support the ecological transition, including the Ecological Transformation Plan, which deepens the country’s commitment to green and inclusive development.
Arquivos
The United States is one of Brazil’s main trading partners. The bilateral relationship is marked by a persistent deficit in goods and services. In the investment sphere, the U.S. is the second-largest destination for profit and dividend remittances from Brazil and remains the leading source of inward foreign direct investment (FDI), particularly in the industrial, financial, IT, and commercial sectors.
On July 30, 2025, the United States imposed an additional 40% tariff on Brazilian exports, on top of the 10% applied in April 2025 — totaling a 50% surcharge. In response, Brazil launched the Sovereign Plan, designed to mitigate the economic impacts of the tariffs and strengthen the country’s resilience through targeted fiscal, industrial, and trade measures.
In this fourth issue, the document analyzes the impacts of the Trade Tariffs adopted by the US on Brazil in July 2025, on Brazil's Exports between August and October 2025. It also includes an analysis of the behavior of expectations for Foreign Direct Investment in Brazil after the announcement of these tariffs.