Should You Buy, Sell or Hold MELI Stock After Trump's Tariff Pledge?
Key Takeaways MELI's largest market, Brazil, faces risk from an imposed 50% U.S. tariff on imports. Mercado Ads and Mercado Pago are key to MELI's future growth across Latin America. S&P upgraded MELI to BBB, citing strong performance, profitability, and financial discipline.MercadoLibre (MELI) has built its largest and most crucial market in Brazil, which now accounts for more than 50% of its total revenues. However, Trump’s 50% tariff on Brazilian imports has raised concerns. If the country’s economy ta ...