Trade Key Facts —The deadline. Washington has a statutory deadline of 15 July to act on a proposed 25% tariff. —The second one. A separate 12.5% levy is proposed over forced-labour import controls. —The offer. Brazil proposed cutting duties on about 300 product lines if the tariff is dropped. —The exclusion. Pix, Brazil’s instant-payment system, […] The post Brazil Faces a 25% Tariff Next Week and Won’t Trade Away Pix appeared first on The Rio Times.