Economy

Dollar fluctuates at opening, with Trump tariffs and tensions in the Middle East on the radar

Trump's tariff: USA defines new rates this Wednesday (15) to apply to Brazil The dollar opened the session this Wednesday (15) with volatility and marked an increase of 0.08% close to 9 am, quoted at R$ 5.0818. Ibovespa...

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Dollar fluctuates at opening, with Trump tariffs and tensions in the Middle East on the radar
G1 Economia

Trump's tariff: USA defines new rates this Wednesday (15) to apply to Brazil The dollar opened the session this Wednesday (15) with volatility and marked an increase of 0.08% close to 9 am, quoted at R$ 5.0818. Ibovespa trading, the main index on the Brazilian stock exchange, begins at 10am. ?? Do you have any reporting suggestions? Send it to g1 ??The United States' decision on whether or not to apply the new taxes on Brazilian products takes center stage this Wednesday. The investigation, which took place based on Section 301 of the American Trade Law, evaluates the application of two surcharges to Brazil: one of 25%, under the allegation that the Brazilian government adopts practices that "encumber or restrict" trade with American companies; and another of 12.5%, also applied to more than 60 countries, under the justification that these nations did not adopt measures considered sufficient to prevent the circulation of products manufactured with forced labor. ?? Additionally, tensions in the Strait of Hormuz continue to raise concerns about the international oil market. This Wednesday, the USA and Iran exchanged attacks again, on the 5th consecutive day of aggression. As a result, Tehran once again closed the Strait and American President Donald Trump reacted by resuming the naval blockade of the Middle Eastern country. Amid the tensions, oil marked another high day this Wednesday. Around 8:45 am, a barrel of Brent, an international reference, rose 0.58%, quoted at US$85.22. West Texas Intermediate (WTI), from the USA, rose 0.60%, quoted at US$ 79.82 per barrel. See below for more details on the day at the market. ?Dollar

a Accumulated for the week: -0.60%; Accumulated for the month: -1.65%; Accumulated for the year: -7.49%. ?Ibovespa

Accumulated for the week: -0.69%; Accumulated for the month: +2.68%; Accumulated for the year: +9.63%. Understand what makes the price of the dollar rise or fall Trump Tariff The deadline for the Office of the United States Trade Representative (USTR) to release the final decision on the trade investigation and the possible application of tariffs against Brazilian products ends this Wednesday (15). The process opened a dispute between Brasília and Washington and mobilized sectors of the Brazilian economy, which participated in public hearings to present arguments against the measures. UNDERSTAND: why is the US going to tax Brazil? In Brazil, the government approved a Provisional Measure (MP) that releases a financing line of R$15 billion for companies affected by tariffs and also by the war in the Middle East. The credit will be offered within the Sovereign Brazil Plan for exporters of industrial goods, agricultural and livestock products and mining resources. Products from planted forests, fishing and aquaculture are also included. Escalating tensions in the Middle East A US missile attack killed seven Iranian soldiers in a barracks near the city of Iranshahr, in the extreme southeast of Iran, this Wednesday (15), the country's Army reported. The announcement comes amid the intensification of clashes between the two countries and the return of the US military blockade of Iranian ports to try to keep navigation open in the Strait of Hormuz. What is the Strait of Hormuz, essential for world oil Despite efforts, this Wednesday, Iran's Revolutionary Guard once again stated that the route will remain closed until the US's “acts of aggression” stop. “Combatant reprisal operations will continue, and the Strait of Hormuz will remain closed until the United States puts an end to its acts of aggression,” said a statement released by state television Irib. In reaction to the closure of the canal, the US announced a naval blockade of Iran, which began late yesterday afternoon. In recent days, the US and Iran have returned to exchanging attacks, putting into question the fragile peace agreement signed on June 17, which formalized a more lasting ceasefire and a path towards a definitive treaty. Global Stock Markets In Asia, Chinese stocks closed lower on Wednesday amid a sell-off in semiconductor stocks, as investors took recent profits and redirected capital to more traditional sectors. The CSI 300, which brings together the largest companies listed in Shanghai and Shenzen, fell 0.20%, while the Shanghai composite index, the SSEC, fell 0.29%. Among the other exchanges in the region, however, the day was more positive. Hong Kong's Hang Seng rose 1.40%, while Japan's Nikkei gained 1.49% and South Korea's Kospi rose 6.24%. *With information from Reuters news agency. Dollar exchange rate shows less confidence in the Brazilian economy due to government spending and debts Jornal Nacional/ Reproduction

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