Brazil Downplays Impact of US Tariffs on 2025 Growth

Brazil's government expects the 50% tariff U.S. President Donald Trump announced earlier this week on all goods from the South American country to have little impact on its economic growth this year, it said on Friday.

The Brazilian government downplayed the short-term effect of the tariffs, which are due to take effect on August 1, saying that only some specific manufacturing sectors would be hard hit.

The U.S. is a large importer of Brazilian oil, steel products, pulp, coffee, orange juice and beef - goods that the...

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