After weeks of tension due to the tariff hike imposed by Donald Trump, the Lula government is hopeful of securing two victories that can increase trade of Brazilian products and services with other countries. This Wednesday, there are expectations of progress in the Mercosur agreement with European countries, which would open up new trade opportunities for Brazil in the European market. Additionally, efforts are being made to enhance transactions within the Brics group, comprised of Brazil, Russia, India, China, and South Africa.
Tariff Hike in Brazil Boosts Prospects for Trade with European Union and Brics
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