TRUMP’S NEW TARIFF POLICY: GLOBAL IMPACTS AND TAX IMPLICATIONS

Donald Trump’s return to the presidency of the United States in January 2025 was marked by significant changes in American trade and tax policies. Continuing its protectionist approach, the Trump administration has implemented a series of sweeping tariff measures that have profoundly impacted global trade. 

TRADEMARK REGISTRATION IN THE USA: EVERYTHING YOU NEED TO KNOW TO PROTECT YOUR BRAND IN THE AMERICAN MARKET

Expanding your company to the United States can be a fundamental step towards the global growth of your business. But before you start selling or providing services in the country, it’s essential to ensure your brand is protected. In this article, you will understand what trademark registration in the USA is, why it is important, how the process with the USPTO works and how Drummond Advisors can help you on this journey.

ESTIMATED TAX FOR INDIVIDUALS  

Estimated tax is a form of tax prepayment levied on income that does not have tax withheld at source. This is the case, for example, for self-employed professionals, independent contractors, investors, rental property owners, among others.

TRUMP ADMINISTRATION UPDATES: U.S. AND BRITAIN HAIL BENEFITS OF TRADE AGREEMENT

Britain trade deal: President Trump said Britain had agreed to increase market access for billions of dollars in American exports, including beef, ethanol and other farm products under a new trade deal — but many of the details are being left to get worked out later. The agreement would pare back tariffs Mr. Trump imposed on British steel, aluminum and automobiles. 

COULD BRAZIL BENEFIT FROM TRUMP'S TARIFF HIKE?

Fears that Brazil would be one of the main targets of Donald Trump 's government's global tariff hike gave way to some relief after the White House placed the country on the lowest extra import tax (10%).

PROJECT INCREASES ANNUAL REVENUE LIMIT FOR STARTUPS TO R$50 MILLION

Complementary Bill 226/24 allows companies with annual revenues of up to R$50 million to be classified as startups . The Chamber of Deputies is analyzing the proposal, which changes the legal framework for startups and innovative entrepreneurship.

Source: Agência Câmara de Notícias

UNEMPLOYMENT IN BRAZIL HITS LOWEST LEVEL SINCE 2012

The unemployment rate in Brazil rose to 7% in the first quarter of 2025, leaving around 7.7 million people out of the job market. Despite the increase, this is the lowest rate for the period since 2012, as reported by the IBGE.

US TAX FORMS: WHICH ONES DOES YOUR COMPANY NEED TO SUBMIT?

Understanding and complying with tax obligations in the United States is fundamental to any company’s success and legal compliance. Below, we detail the main tax forms your company may need to submit, including descriptions, who must file and important dates.

CHECK IF YOUR COMPANY IS OBLIGED TO PRESENT THE ANNUAL REPORT

Property taxes in the US are one of the main sources of revenue for local governments in the United States, and are essential for funding public services such as education, infrastructure, security and health. In 2022, these taxes represented approximately 27.4% of total state and local tax collections, surpassing other sources of tax revenue.

NR-01: MENTAL HEALTH IN COMPANIES AND THE DEADLINE FOR COMPLIANCE

The recent update of Regulatory Standard No. 01 (NR-01), through MTE Ordinance No. 1,419 of August 28, 2024, brought important changes that directly impact companies in terms of Occupational Risk Management (ORM). One of the main changes is the obligation to include the management of psychosocial risks in the workplace, in the preparation and implementation of the Risk Management Program (PGR).

BRAZIL GROWS FOR THE 4TH CONSECUTIVE YEAR; GROWTH IN 2024 EXCEEDS FORECAST, HIGHLIGHTS PLANNING

Brazil's Gross Domestic Product (GDP) grew 0.2% in the fourth quarter of this year compared to the third and 3.4% in all of 2024 compared to 2023, the Brazilian Institute of Geography and Statistics (IBGE) reported this Friday (7/3). The Ministry of Planning and Budget assesses that the result was positive, “the fourth year of consecutive growth after the peak of the effects of the Covid-19 pandemic on the Brazilian economy and above market expectations at the beginning of 2024”, according to a note published by the Executive Secretariat.

BRAZIL CLOSES DEAL WITH VIETNAM AND OPENS MARKET FOR BEEF

President Luiz Inácio Lula da Silva announced the opening of the Vietnamese market for Brazilian beef. The agreement was signed during a state visit to Hanoi and is part of the 2025-2030 Action Plan of the Brazil-Vietnam Strategic Partnership, and is considered an important step forward to boost exports and attract investment to the agro-industrial sector.

BRAZIL WILL HAVE TWO MORE AIRLINES OPERATING IN 2025

Brazil will have two new airlines in operation this year: Avion Express and Total Linhas Aéreas. Both have obtained the Air Operator Certificate (COA) from the National Civil Aviation Agency (ANAC). The information was published by the IG portal.

STRIKE RAISES R$77 MILLION AND ARRIVES IN BRAZIL; SUSTINERI PISCIS RAISES R$9.39 MILLION: THE HIGHLIGHTS OF THE WEEK IN THE ECOSYSTEM

This week, we talked about the arrival in Brazil of Strike , a Uruguayan startup founded by "good hacker" Santiago Rosenblatt, which raised R$77 million in a Series A round and will use part of the capital to start operations here.

BRAZIL STANDS OUT IN THE GROWING GOVTECH MARKET

In terms of technological advances applied to the public sector, Brazil stands out as a protagonist in the GovTech ecosystem . Just like a gear that adjusts and evolves in response to the need for movement, the Brazilian market for technological solutions for governments has demonstrated accelerated and consistent growth, driven by a combination of internal and external factors.

The Banco Nacional de Desenvolvimento Econômico e Social (BNDES), in collaboration with the Financier of Studies and Projects (Finep), has launched a public call for proposals to attract, establish, and expand Research, Technological Development, and Innovation (R&D&I) Centers in Brazil. This initiative is a key component of the "New Industry Brazil" strategy, a national policy aimed at fostering reindustrialization and technological advancement through six priority missions defined by the National Council for Industrial Development (CNDI).

Objectives

This public call seeks to enhance Brazil’s position as a center for scientific and technological development by promoting collaboration between public institutions, universities, research centers, and private enterprises. The program is designed to:

• Drive research and technological innovation in key industrial sectors
• Strengthen Brazil’s competitiveness in science and technology
• Attract foreign investment in research and development
• Support the development of advanced infrastructure
• Foster the growth of highly skilled professionals in strategic areas

Eligibility

The call is open to:

• Brazilian companies engaged in or planning to undertake R&D&I activities
• Foreign companies interested in establishing or expanding R&D&I centers in Brazil, subject to legal and administrative formalization in the country

Scope of Eligible Projects

The initiative supports the creation and expansion of laboratories, pilot plants, demonstration facilities, and innovation hubs dedicated to research and technological development.

Minimum requirements for participation:

• Physical infrastructure
  • New centers: Minimum area of 500 m²
  • Expansion projects: Minimum area of 250 m² or a 20% increase over existing facilities
• Technical workforce
  • New centers: At least 50 employees, of whom at least 10 must hold a master’s or doctoral degree
  • Expansion projects: At least 25 employees, of whom at least 5 must hold a master’s or doctoral degree
• Investment thresholds
  • Minimum R$10 million for centers in the North and Northeast regions
  • Minimum R$20 million for centers in other regions
• Project implementation period: Up to 36 months

Funding and Strategic Impact

The initiative is supported by a total budget of R$3 billion, reinforcing Brazil’s commitment to technological advancement, industrial competitiveness, and economic development.

Application Process and Selection Criteria

• Deadline for proposal submission: June 30, 2025
• Evaluation criteria:
  • Alignment with the objectives of the public call
  • Financial capacity in relation to the proposed investments
  • Contribution to the New Industry Brazil policy and its strategic missions

Further Information

This initiative provides a significant opportunity for institutions seeking to play a leading role in Brazil’s technological and industrial development. By participating, organizations will contribute to the country’s innovation ecosystem and the expansion of its research infrastructure.

Public Call for selection of proposals for attracting, implementing or expanding research, technological development and innovation centers - english version

Public Call for selection of proposals for attracting, implementing or expanding research, technological development and innovation centers - Portuguese version