The 50% tariff that U.S. President Donald Trump plans to impose on Brazilian exports starting in August could have an impact on the revenues of planemaker Embraer similar to that of the COVID pandemic,

His decree regulating the trade reciprocity law, which Brazil's Congress passed in April, should be published in the official gazette on Tuesday, Costa added. Last week, U.S. President Donald Trump said he would impose a 50% tariff on Brazilian exports.

National Economic Council Director Kevin Hassett defended Donald Trump’s newly unveiled 50% tariff against Brazil on ABC News' "This Week."

By Ana Mano RIO DE JANEIRO/SAO PAULO (Reuters) -Brazilian meatpackers are weighing whether to make new shipments of beef products to the United States after President Donald Trump announced a 50% tariff on Brazil last week,

Nobel Prize-winning economist Paul Krugman believes tariffs President Trump has threatened to impose on countries, including Mexico and Brazil, are here to stay and will cost U.S. consumers.

The 50% tariffs proposed by Donald Trump could cut Brazil's gross domestic product by between 0.3 and 0.8 percentage points in 2025, according to Brazilian economists and consulting firms.

In response to Trump tariffs, the Brazilian President has flagged reciprocal levies if the U.S. tariffs go into effect by the Aug. 1 deadline set by the U.S. President.

How a Trade War With Brazil Could Brew Trouble for U.S. Coffee Consumers originally appeared on Parade. U.S. coffee drinkers may face some uncertainty in the months ahead, as the Trump administration considers a 50-percent tariff on imports—an action ...