Latam Insights: US Congress Scrutinizes El Salvador’s Bitcoin Usage; Brazil Faces 50% Tariffs
2025-07-13 23:39:07
Main Idea
The U.S. Congress introduces a sanctions bill against El Salvador's Bitcoin usage, and the Trump Administration imposes a 50% tariff on Brazilian imports, while Argentina secures a zero-tariff agreement with the U.S.
Key Points
1. The 'El Salvador Accountability Act of 2025' proposes sanctions on President Nayib Bukele for alleged human rights violations and misuse of U.S. taxpayer dollars.
2. President Trump announced a 50% tariff on all Brazilian imports, citing censorship orders from Brazil as justification.
3. Argentina secured a zero-tariff agreement with the U.S., covering up to 80% of its exports, excluding raw materials like steel.
Description
Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this week’s edition, the U.S. Congress introduces a sanctions bill against El Salvador, Trump slaps 50% tariffs on Brazil, and reports indicate that Argentina scored a zero-tariff agreement with the U.S. US Senate Introduces Bill
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