✈️ Turbulence ahead

Brazilian planemaker Embraer could see a hit rivaling its Covid downturn if the US follows through with 50% tariffs on Brazilian imports, its CEO warns

AVIATION

Trump’s tariff threats upend what was a great year for Embraer

The E175 jet, like this one operated by American Eagle, is popular among regional carriers in the US. Photo: BD Images/Shutterstock

The E175 jet, like this one operated by American Eagle, is popular among regional carriers in the US. Photo: BD Images/Shutterstock

US President Donald Trump’s plan to slap 50% tariffs on all Brazilian imports could deal a devastating blow to Embraer, one of the world’s largest aircraft makers and Brazil’s crown jewel in high-value manufacturing.

“If this plan goes ahead, we foresee an impact similar to the Covid crisis,” Francisco Gomes Neto, Embraer’s chief executive, told reporters Tuesday after meeting with Brazilian officials and industry leaders.

During the pandemic, Embraer’s revenue dipped by roughly 10%, forcing deep cuts to its workforce.

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