Brazil to establish tax advisory office in China amid deepening ties

22/7/2025 7:13

Brazil will establish a tax advisory office in China, the Brazilian Finance Ministry said, highlighting the strategic importance of the move as the two nations deepen their ties.



The decision underscores Brazil's growing focus on its relationship with China, its largest trading partner, as tariffs introduced by U.S. President Donald Trump escalate global tensions.



A draft was seen by Reuters of the presidential decree that will create the new post in Beijing, as well as preparatory documents that cite the "growing complexity" of bilateral trade and the need to enhance cooperation on tax and customs matters.



The move coincides with mounting trade tensions between the U.S. and Brazil, after Trump linked fresh 50% tariffs on Brazilian imports to the prosecution of his ally and former President Jair Bolsonaro, leaving limited options for Latin America's largest economy to negotiate a deal.