The Brazilian currency then fell by more than two percent compared to the dollar. Prices for shares of the Brazilian manufacturer of Embraer aircraft and Petrobras oil company surrendered.
For Brazil, the United States is the second largest trading partner in China. Brazil is only 15 for the United States, but is an important supplier, for example, coffee and orange juice. Important products from Brazil include products of raw oil and iron ore. According to their statistical administration of 2024, the United States reached a trade excess of $ 7.4 billion with Brazil. The entire trading volume was 92 billion dollars.
Trump again praised the former Brazilian president Jero Bolsonaro, rivals of the left -Uing Lula. Bolsonaro is in court in Brazil from the prosecution of attempts to a coup. In a letter, Trump said that the customs was a response to Brazil’s insidious attacks on free elections. ”
The Lula threatens countermerians
On Sunday, the argument was preceded when Trump criticized the Brixie group from Brazil, Russia, India, China and South Africa in Rio -de -Zanero. Then Lula said on Monday when he was asked about Trump’s customs threats: “The world has changed. We do not want the emperor. ” The nations are sure. “If he believes that he can collect tariffs, other countries also have the right to collect tariffs.”
Bolsonaro was in the office from 2019 to 2022 before he was narrowly against Lula in the elections. According to the Federal Police, Bolsonaro, as they say, tried to pour the military in a coup after a defeat in the elections in 2022. Bolsonaro, as they say, is responsible for the D’Etat coup plan, with which the Lula should be prevented by the introduction to the office.
Lula threatened Trump on Wednesday evening. Each increase in tariffs meets in accordance with the principle of reciprocity. “The sovereignty, respect and the unwavering protection of the interests of the Brazilian people are the values that lead our relations to the world,” wrote Lula in a post on social networks after a crisis meeting with government members.
Significant impact on consumers
The Brazilian food industry expects a significant impact of punishment for US consumers. The Association of Exporters Coffee Cecafé said that the burden would carry US users. The Association of citrus exporters, Citrusbr, explained that this measure also affects the US juicer industry. The Association of Beefs of Abti spoke about the obstacle to international trade. Brazil is the world’s largest coffee producer and delivers about a third of coffee consumed in the United States. In addition, more than half of the orange juice sold in the United States comes from a South American country.
The punishment of 50 percent declared by Trump for all the import of copper should enter into force on August 1. Trump announces this in a message on social networks. Trump announced customs on Tuesday. The price of copper in the United States then increased. Recently, it was about a quarter above the London Stock Exchange, which was important for the world market.
