特朗普对巴西大部分商品加征50%关税 对部分关键行业作出豁免

Group 1 - The U.S. has imposed tariffs of up to 50% on most Brazilian goods in response to political persecution of former President Bolsonaro, but key industries like aviation, energy, and orange juice are exempted, alleviating worst fears in Brazil's business community [1] - Brazilian Finance Minister Seron stated that the outcome is milder than expected, indicating that the worst-case scenario has not materialized [1] - The tariffs are directly linked to Bolsonaro's trial regarding allegations of attempting to overturn the 2022 presidential election results, with additional sanctions imposed on the Brazilian Supreme Court judge overseeing the case [1] Group 2 - The exemption from tariffs includes critical export categories such as civilian aircraft, pig iron, precious metals, pulp, energy, and fertilizers, which is particularly important for Embraer, as 45% of its commercial aircraft and 70% of its executive jets are exported to the U.S. [1] - Analysts have warned that the tariffs could severely impact Suzano, one of the world's largest pulp producers, but market sentiment improved following the exemption announcement [1] - The former Brazilian Trade Minister Bahar cautioned that while some products are exempt, Brazil exports approximately 3,000 items to the U.S., and the remaining products will still face actual impacts [1] Group 3 - Notably, the executive order does not exempt beef and coffee exports, which are significant agricultural products for Brazil, with the Brazilian beef export organization Abiec previously indicating that tariffs would make exports to the U.S. "unsustainable" [2] - Despite the exemption for "energy and related products," several energy companies operating in Brazil have paused crude oil shipments to the U.S. due to policy uncertainty, with the Brazilian Petroleum Association stating that the industry is monitoring the situation [2]