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Trump Imposes 50% Tariff on Brazilian Imports, Sparing Key Sectors
Trump Imposes 50% Tariff on Brazilian Imports, Sparing Key Sectors
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BTCCSquare news:
President Trump's executive order imposing a 50% tariff on Brazilian imports has sent shockwaves through global markets. The move, framed as a national security measure, specifically targets Brazil while exempting critical exports like orange juice and aerospace components. São Paulo-traded Embraer surged 11.5% after securing tariff exemptions, demonstrating how selective relief can create market winners.
Brazil's currency rollercoastered through the announcement—initially plunging nearly 1% before rebounding 0.6% against the dollar as exemptions came to light. This volatility underscores how trade policies now create micro-opportunities in emerging markets, with savvy investors tracking exemption lists as closely as tariff announcements.
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