Post
Topic
Board Economics
Re: USA announces 50% tariffs on Brazil
by
r_victory
on 12/07/2025, 21:47:37 UTC
This week, our stock market index, the Ibovespa, recorded its largest drop since December 2022, 3.59%, a clear reflection of Donald Trump's decision. Some of our agricultural companies have between 10% and 15% of their gross revenue tied to the United States market, while others have an average of between 19% and almost 50% of their revenue tied to the US market (as is the case with Embraer).

Yes, my friends, the impact on our economy is expected to be significant, but unfortunately, we are not alone in this. Other countries will also see their economies affected by Trump's "protectionist" taxation.

What's aggravating this whole situation with Brazil is the fact that President Lula clearly supports countries that oppose American interests. This could also be seen as retaliation for certain events that have already been reported in the media and I don't want to mention again.