TRADE DATA

Trump’s tariffs deal an immediate blow to Brazil’s exporters

Brazil shipped way less than usual to the US last month. Photo: Mike Dotta/Shutterstock

Brazil’s exports to the United States fell 18.5% in August from a year earlier, according to new data from the Industry and Trade Ministry — the steepest decline for that month since the first year of Covid in 2020. 

The drop followed the first weeks of US President Donald Trump’s new 50% tariffs on a wide range of Brazilian goods, which took effect on August 7 and disrupted trade flows almost overnight. Exports to the United States fell to…

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