FX.co ★ Ibovespa Edges Lower on Tuesday

On Tuesday, the Ibovespa index slipped by 0.2%, concluding the trading session at 129,245, as global trade policy uncertainties dampened investor enthusiasm. Despite President Trump's suggestion of potentially suspending the 25% tariffs on imported vehicles and parts, investor optimism was tempered by his erratic policy messages, which have heightened concerns regarding broader trade dynamics. This, in turn, has led to speculation about potential regulatory changes in crucial sectors such as semiconductors and pharmaceuticals. Consequently, the market remained mostly stagnant, with commodity producers and financial institutions experiencing downward pressure. Leading the decline, Petrobras saw its shares decrease by 2.2%, while iron ore giant Vale experienced a decline of 1.3%.