巴西财政部：美加征关税或致巴西GDP下降0.2个百分点

Core Viewpoint - The Brazilian Ministry of Finance reported that the GDP is expected to decline by 0.2 percentage points due to high tariffs imposed by the U.S. on Brazilian goods, with significant impacts on employment and inflation [1] Economic Impact - The tariff impact is projected to result in the loss of approximately 138,000 jobs, primarily in the industrial and service sectors [1] - Inflation is expected to rise slightly, adding pressure to the overall economic performance [1] Government Response - The Brazilian government plans to implement measures such as export credit support, deferring tax payments, and expanding public procurement to mitigate external shocks, which could reduce the GDP loss to 0.1 percentage points [1] Tariff Details - Since August, the U.S. has imposed a 40% tariff on Brazilian products, with many facing a total tariff rate of up to 50% [1] - In 2024, Brazil's total exports to the U.S. are estimated at $40.3 billion, accounting for 12% of total exports, with approximately $16.4 billion of goods subject to the 50% tariff [1] - The U.S. tariff measures are expected to significantly impact industries that primarily export to the North American market [1]