VIDEOS: JL1 from Friday, February 20, 2026
The Supreme Court's ruling on tariffs raises questions about its impacts on Brazil's economy and currency.
On February 20, 2026, the Brazilian Supreme Court ruled that former President Trump had overstepped his authority regarding tariffs, which has sparked discussions on the potential economic implications for Brazil. Analysts are particularly concerned about how this decision might affect the Brazilian dollar and overall economic stability as the country navigates its recovery from previous financial challenges.
In light of the tariff rollback, sectors such as soluble coffee, grapes, and honey producers are anticipated to benefit. These industries may see an increase in exports due to a more favorable international trading environment, which could help bolster Brazil's agricultural economy at a crucial time.
Furthermore, President Lula intends to engage in discussions with Trump regarding critical minerals and rare earth elements, which are increasingly important in global supply chains and renewable energy technologies. This diplomatic effort signals Brazil's aim to position itself strategically in international markets and tap into the potential benefits from the unfolding economic landscape, particularly in regard to sustainable resources.