In an interview with Folha de S.Paulo, Bruna Santos, director of the Brazil Program, discussed the U.S. Trade Representative’s preliminary findings under the Section 301 investigation concerning Brazil, arguing that such proceedings have historically served less as an end in themselves and more as tools to increase U.S. leverage in trade negotiations.

Santos noted that, while the preliminary determination may signal growing tensions in the bilateral relationship, it does not necessarily preclude dialogue. In her assessment, Section 301 proceedings have often been used by Washington to create pressure and strengthen its negotiating position.

Regarding the inclusion of Brazil’s Pix instant payment system in the investigation, Santos argued that the issue should be viewed through the same lens. Because the United States has no direct means of intervening in the operation of Brazil’s domestic payment infrastructure, she suggested that the threat of tariffs may serve primarily to broaden the negotiating agenda and create space for discussions on regulatory matters. 

COMMENTS FROM SANTOS:

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