This market resolves YES if the United States government formally announces or implements new economic sanctions targeting Brazil, the Brazilian government, Brazilian government officials, or Brazilian entities by December 31, 2026, at 11:59 PM CT.

Qualifying sanctions include asset freezes, financial transaction restrictions, banking restrictions, or other targeted economic penalties imposed by the U.S. Treasury Department, State Department, or other authorized federal agencies.

This market resolves NO if no qualifying sanctions are announced or implemented before the deadline.

Exclusions: Routine tariffs, antidumping duties, general trade restrictions, diplomatic measures, visa restrictions without accompanying economic penalties, and sanctions targeting private Brazilian individuals or companies unrelated to the Brazilian government do not qualify.

Sanctions announced before the market opens do not qualify unless materially expanded during the market period.

Resolution sources: Official announcements from the U.S. Treasury Department (OFAC), State Department, or White House, corroborated by Reuters or the Associated Press.