[Brazil] - Trump's Tariff Threat Looms Large Over Brazil's Economy

INSUBCONTINENT EXCLUSIVE:
move confirmed by sources close to the Lula administration.Fears escalate that tariffs could hit far beyond ethanol, steel, and aluminum,
leaving the country vulnerable to a broad trade war strike.Trump targets nations with high trade barriers, promising tailored tariffs based
workers, with rates possibly reaching 25% or higher.In addition, the stakes soar for Brazil whose United States exports support jobs in
already stretched thin
States goods like oil could raise costs for Brazilians, limiting leverage
Meanwhile, Canada and Mexico face 25% tariffs, pushing back with $20 billion in countermeasures, a path Brazil watches closely.Brazil Faces
by April 2025
For businesses, the numbers tell a grim story: $200 million in ethanol exports dwarf the $52 million sent to Brazil, exposing trade
imbalances Trump exploits.Industrial states brace for losses, with governors pressing Lula to negotiate rather than escalate
Globally, the EU readies $28 billion in retaliation, while India cuts tariffs to dodge the fight.Time ticks down as Brazil scrambles to
A broad tariff could spike inflation, disrupt supply chains, and weaken growth, economists warn, with United States demand potentially
dropping too
Lula balances defiance with pragmatism, knowing a misstep risks economic fallout in a world turning inward.The April 2 reveal looms as a
Businesses and workers await the outcome, caught in a high-stakes game of tariffs and trust.