【环球财经】穆迪警示美国或撤销对巴关税豁免

Core Viewpoint - Moody's warns that the U.S. may impose new sanctions on Brazil following the conviction of former President Jair Bolsonaro, which could include the revocation of previously granted tariff exemptions on certain products [1] Group 1: Impacted Industries - The industries most at risk include aircraft exports, oil, and juice, which are currently on the tariff exemption list [1] - The Brazilian banking system may also become a potential target for sanctions [1] Group 2: Financial Sector Concerns - Moody's highlights that potential measures against Brazil's financial sector are noteworthy, as the financial industry accounts for approximately 22% of U.S. investments in Brazil [1] - Although Brazilian banks have not yet faced sanctions, such measures could hinder cross-border operations and weaken investor confidence [1] Group 3: Sovereign Credit Rating - Moody's believes that Brazil's sovereign credit status is not currently exposed to the risks of U.S. sanctions or trade measures [1] - The agency has rated Brazil's sovereign credit as "Ba1," which is one notch below investment grade, and downgraded the outlook from "positive" to "stable" in May due to concerns over the fiscal consolidation process [1]