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Storm clouds are gathering over America's financial superpower status.

Last month, Jamieson Greer, a top-ranking official in the United States, criticized Pix, Brazil’s instant payment system, for unfairly disadvantaging companies like Visa and Mastercard. In response, the United States threatened to impose an additional 25% penalty tariff on Brazil.

source Source: Portfolio.hu - Gazdaság
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Storm clouds are gathering over America's financial superpower status.

Last month, Jamieson Greer, a top-ranking official in the United States, criticized Pix, Brazil’s instant payment system, for unfairly disadvantaging American companies like Visa and Mastercard. In response, the United States threatened to impose an additional 25% penalty tariff on Brazil.

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