By Melina Coelho Garcia and Sebastiaan Bennink In 2025, while many countries offered concessions and struggled to conclude trade agreements in response to Donald Trump’s tariffs, Brazil adopted a notably distinct approach. Rather than pursuing retaliatory measures, it maintained its position and ultimately reached a ‘deal’ with the United States that led to the reduction of nearly all the additional tariffs imposed on Brazilian products, without requiring Brazil to make concessions to the U.S. T...

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