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July 30 (Reuters) - Energy companies operating in Brazil are expected to resume oil shipments to the United States after several oil products were exempted from U.S. tariffs, the head of Brazilian oil lobby group IBP told Reuters on Wednesday. Oil is Brazil's top export to the U.S. and was exempt from the 10% April... Continue Reading →
July 30 (Reuters) - U.S. President Donald Trump threatened Brazil with 50% tariffs this month, venting his anger over the country's prosecution of his political ally, former President Jair Bolsonaro, but the move may provide ammunition to plaintiffs aiming to bring down the centerpiece of the White House's tariff agenda. Trade law experts and plaintiffs in... Continue Reading →
(Reuters) - Brazilian state-run oil firm Petrobras may redirect the oil it sells to the United States, sending more to Asia and Pacific markets due to higher tariffs the U.S. announced on Brazil, its chief executive told Reuters on Thursday. Although oil and gas exports make up a hefty share of Brazil's exports to the United... Continue Reading →
(Reuters) - Brazil has logistical and commercial flexibility to preserve the competitiveness of its oil on the international market if the 50% tariff announced by U.S. President Donald Trump on Wednesday comes into effect on August 1, experts told Reuters. Oil is the main product on Brazil's export list to the U.S. and until now was exempt... Continue Reading →
Brazil Energy Insight 