RSS SubscribeBrazil may emerge as winner from sweeping US tariffs, economists say
By Marcela Ayres – Reuters
Sweeping U.S. tariffs could prove relatively advantageous for Brazil, Latin America’s largest economy, despite President Donald Trump’s move to impose a 10% levy on its exports to the United States, economists said on Thursday.
Local markets reacted positively to the highly anticipated announcement on Wednesday, with the Brazilian real strengthening past 5.60 per U.S. dollar and reaching its highest level since October 2024.
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#U.S.tariffs #Brazil