Brazil now faces the highest non-reciprocal US tariff rates in the world – a stark sign of the breakdown in US-Brazil relations. And these tariffs come as Brazil’s balance of payments weakens, as its growth slows and as attention begins to shift to next year’s presidential election. How will the economy fare under these pressures into 2026? What scope is there for fiscal and monetary support? And how will Trump’s attacks and global fracturing shape Brazil’s trajectory?
Join our Latin America economists on Tuesday 23rd September at 1000 ET/1500 BST, for a 20-minute online briefing on the Brazilian outlook. The team will take your questions and discuss:
- Whether Trump’s tariffs will push Brazil closer to China;
- Whether Lula can really meet his fiscal targets with an election looming;
- Why we think Brazil’s central bank will cut more aggressively than most expect.
You must be logged in to register for this Drop-In. If you do not have a subscription, please get in touch with events@capitaleconomics.com