😮‍💨 Avoided the worst. For now

Good morning! Anatel, Brazil’s telecom agency, will today begin analysing Starlink’s request to increase its number of satellites hovering over Brazil from 4,400 to around 12,000. Starlink dominates the satellite internet market — raising questions about sovereignty among members of the government. 

Brazil gets lower end of Trump tariffs

US President Donald Trump on Tuesday unveiled sweeping new tariffs on American imports, applying a universal 10% rate across all countries and goods starting April 5. Dozens of trading partners — including China, the EU and India — were hit with additional “reciprocal” duties of up to 49%. Brazil will face the baseline 10% levy.

👉 Why it matters. Brazil was among the few major economies — along with Australia and the UK — that avoided steeper rates. But a 10% tariff still translates into a real pain: a major chunk of Brazil’s USD 40.4 billion in exports to the US could become less competitive overnight. 

• According to one estimate, US importers are set to pay an estimated USD 4 billion more annually for Brazilian goods, based on 2024 trade volumes. 

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