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Brazil to investigate suspected FX insider trading on US tariffs

Summary by Reuters
Brazil's Supreme Court Justice Alexandre de Moraes authorized an investigation into the alleged use of privileged information on foreign exchange transactions before the announcement of the 50% U.S. tariff on all Brazilian imports in July, according to a Monday court filing.

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Center

Since Donald Trump's return to office, US trade policy has increasingly focused on tariffs rather than sanctions. The aggressive customs strategy creates international uncertainty and burdens companies such as markets.

·Bonn, Germany
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  • 43% of the sources lean Left, 43% of the sources are Center
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Globo broke the news in Brazil on Monday, July 21, 2025.
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