Key Points
- It was reported that the US's new customs tariffs will affect 18 percent of Brazil's exports.
- Brazilian Minister Márcio Elias Rosa made evaluations regarding the matter.
- 24 percent of Brazilian products are subject to taxes in categories such as steel and aluminum.
By the Numbers
18% Brazilian exports will be affected24% Brazilian products subject to tax
Brazilian Minister Márcio Elias Rosa announced that the new customs tariffs imposed by the United States will affect 18 percent of Brazil's total exports. This situation marks a significant shift in the trade relations between the two countries.
According to the Minister's statement, 24 percent of Brazilian products are subject to the new customs duties in categories such as steel and aluminum. The said tariffs create a pressure on Brazil's foreign trade balance that needs to be carefully monitored.
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Frequently Asked Questions
- To what extent do the US's new customs tariffs affect Brazilian exports?
- According to the Brazilian Minister's statement, the new tariffs will affect 18 percent of Brazil's total exports.
- Which Brazilian products are most affected by the new tariffs?
- 24 percent of Brazilian products are subject to new customs duties; particularly steel and aluminum products are affected.
- Who is the Brazilian minister that made the evaluation on the subject?
- Brazilian Minister Márcio Elias Rosa made evaluations regarding the potential impacts of the new customs tariffs.
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Read the full story at the sourceclickpb.com.brHow we produce our content →This story across sources · 6 · 2 countries
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- Jovem Pan·
- CartaCapital·
- Trump administration's additional 25% tariff on Brazilian products gets wide coverage in international pressPoder360·
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