Dollar opens higher, after Trump's tariff and with economic data on the radar

a Accumulated for the week: -0.20%; Accumulated for the month: -1.25%; Accumulated for the year: -7.11%. ?Ibovespa

Accumulated for the week: -1.04%; Accumulated for the month: +2.32%; Accumulated for the year: +9.24%. Understand what makes the price of the dollar rise or fall Trump Tariff The Office of the US Trade Representative (USTR) confirmed, on Wednesday night (15), the application of an additional 25% tariff on Brazilian products, with an extensive list of exempt items. The measure comes into force on July 22. The decision is the result of a year-long USTR trade investigation, based on Section 301 of the Trade Act of 1974, a mechanism that allows the American government to investigate and combat possible trade barriers in other countries. In the process, Donald Trump's government claims that Brazil adopts practices that "encumber or restrict" trade with the USA, citing issues such as the PIX payment system, access to ethanol trade, illegal deforestation and piracy. Even with the accusations, items such as oil, coffee, beef, aircraft and cellulose were excluded from the new charges. The list includes products considered sensitive for the American economy, either due to the potential impact on prices or the lack of sufficient domestic production. According to the USTR, the Trump administration tried to negotiate with Brazil over the last year, but was unsuccessful in overturning practices it considers unfair. UNDERSTAND: What are the US justifications for taxing Brazil? See the list of taxed and exempt products In an interview with journalists the day before, the Minister of Foreign Affairs, Chancellor Mauro Vieira, stated that there is no justification for the additional tariffs of 25%, reiterating that the taxes were "politically motivated" and "have no bearing on reality". "Section 301 investigations are unilateral procedures by the United States government and there is no justification for adopting tariffs against Brazilian products. Since March 2025, the Brazilian government has held more than 30 face-to-face, virtual or telephone meetings at the presidential, ministerial and technical levels with US authorities, said Vieira. The Brazilian government also released a note contesting the US arguments for applying the new tariff, highlighting that President Lula (PT) will "immediately" initiate the procedures provided for in the Reciprocity Law, approved by the National Congress last year. Escalation of tensions in the Middle East Iran launched bombings against several US bases in the Middle East this Friday (17) after accusing Washington of attacking civilian targets. Countries in the region denounced Iranian attacks. pumping water in Bandar Abbas, in southern Iran," the Iranian Revolutionary Guard said in a statement. Iran's ambassador to the UN, Amir Saeid Iravani, condemned this Friday the US attacks on Iranian civilian infrastructure and again accused Washington of committing war crimes. Earlier this week, US Central Command (Centcom) said it had completed a new round of strikes against targets in Iran. In addition to command centers, the offensive also targeted Iranian air defense positions, missile and drone capabilities, and coastal surveillance facilities. In a statement, Centcom said the attacks aimed to reduce Iran's ability to threaten commercial vessels transiting the Strait of Hormuz, one of the main shipping routes for global oil transport. American forces also reported that they used precision munitions against targets in different locations, including Bandar Abbas. What is the Strait of Hormuz, essential for world oil The escalation of tensions in the Middle East in recent days has once again raised concerns about the world's oil supply, mainly due to limited traffic in the Strait of Hormuz. This Thursday, Iran stated that the channel is an inviolable "red line" and warned that if Trump carries out his threat to attack Iranian infrastructure