Our Chief Economist, Luis Otavio Leal, shared his perspective on the latest U.S. protectionist measures in an interview with InfoMoney.
He warns of the risk of a new wave of global uncertainty, with potential effects on inflation, growth, and commodity markets.
According to Leal, the U.S. may be heading toward stagflation, which could escalate trade tensions, especially with China.
For Brazil, the impact may be felt through market volatility and reduced risk appetite.
Read the full analysis