Why sobretaxa Is Trending Today?

Trump's proposed steel and aluminum tariffs on Brazil, dubbed the "Taco trade," are expected to escalate tensions, potentially leading to retaliation and increased trade barriers. Russia suggests the Brics group could expand in response to these U.S. measures.

Trump's 50% tariff on Brazilian steel and aluminum has increased U.S. hamburger prices, affected Brazilian export companies' stocks, halted Brazilian seafood exports, and drawn criticism from Brazil's agriculture minister, economist Paul Krugman, and international media. The tariffs may impact Brazil's PIB by up to 0.5%.

President Trump's announcement of a 50% import tariff on Brazilian goods, the highest among those targeted this week, has caused Embraer's stock to drop by over 8%. The BTG Pactual bank attributes this move to political motivations and expects limited direct impact. President Lula has convened ministers to discuss a response to this measure, which Brazilian orange juice exporters warn could make their sector unviable, potentially leading to its collapse. The copper tariff is set to take effect from August 1st.