The newspaper Financial Times Repercussions on Monday (21) the reaction of the government and the Brazilian people to the new offensive of the president of the United States, Donald Trump, who, instant payment system developed by the Central Bank.
The publication states that the measure, which expands the scope of the tariff war between the two countries, was interpreted by Planalto as part of an attempt to protect American companies in the face of Pix’s global rise, “universally loved by Brazilians for offering instant payments, free and easy,” the newspaper said.
“From the beaches of Rio de Janeiro to the most remote corners of the Amazon, the Pix is an essential resource in everyday life,” said the report. “Traders love low fees. Consumers do not pay fees and like the convenience of paying with a QR code or typing the CPF number, mobile number or email address of the recipient,” he said.
The American claim is that Brazil makes alleged “unfair commercial practices” by favoring Pix over companies in the country. The US government document does not mention names directly, but suggests dispute with companies such as Visa, Mastercard and American Express.
The newspaper stressed the reaction speaks of President Luiz Inacio Lula da Silva (PT), who said that “Pix is from Brazil” and that the country would accept attacks on him, because “it is heritage of our people”. He also highlighted the campaign, which mocked the American attack as a “jealousy crisis,” the newspaper said.
Global projection
O Financial Times He pointed out that Pix, created in November 2020 by the Central Bank, was consolidated as the country’s main means of payment, responsible for almost half of national transactions. Today, 160 million Brazilians, about 76% of the population, use the system, and more than 70 million people were included financially thanks to the tool.
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O FT He also pointed out that Pix is internationally recognized as an innovation model, noting that the IMF has classified it as “one of the most successful payment systems in the world”, and that G20 points it as a reference in financial inclusion.
In Congress, PT parliamentarians pointed to FT That American retaliation is a direct result of the lobby of companies that have lost space for Pix. “In addition to blackmail, Trump now threatens Brazil because of Pix. What he calls unfair practice is the fear of companies such as Visa, Mastercard and Amex, because Pix can replace them,” said Deputy Elvino Bohn Gass (PT-RS).
Criticism also echoed outside institutional politics. Indigenous leader Alessandra Korap of Munduruku, said: “The US should solve its own problems. Each country has its autonomy. They take care of their home.”
