Foreign Trade
Trump imposes 25% tariff on countries trading with Iran
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US President Donald Trump announced on Monday (12) a 25% tariff on commercial transactions with countries doing business with Iran, effective immediately and impacting Brazil, a key exporter of agricultural products to Tehran. The decision comes amid violent protests in Iran, with 648 deaths recorded since December 28, escalating geopolitical tensions. The Brazilian government is awaiting details of the executive order to respond.
Building on recent announcements at investor forums, Egypt's Investment Minister Hassan El-Khatib told a Moody's Ratings delegation that the country aims to double annual foreign direct investment to $24 billion through structural reforms in economic, monetary, and fiscal policies.
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The National Institute of Statistics and Censuses (INDEC) revealed that Argentina obtained a gain of US$ 3.509 million in 2025 thanks to improved terms of trade, driven by a sharper drop in import prices than in exports. Import prices fell 4.5% year-over-year, while export prices declined only 0.6%, raising the index by 4%. This evolution contributed to a trade surplus of US$ 11.286 million.