😱 Trade shock, right ahead!

BRAZIL-US TRADE

A snapshot of US-Brazil trade, which will be disrupted by Trump’s 50% tariffs

Brazilian companies are preparing for the impact of the additional 50% tariffs that the United States will enforce on Friday. The Luiz Inácio Lula da Silva administration is reportedly working behind the scenes to exempt key goods such as food items and aircraft, while also drafting contingency plans. 

That would provide some relief to certain sectors, but it would fall far short of reducing the impact that the tariffs are expected to have on the Brazilian economy. Goldman Sachs estimates a loss of at least…

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