Core Viewpoint - The announcement by U.S. President Trump to impose a 50% tariff on imports from Brazil starting August 1 has raised significant concerns across various sectors in Brazil, particularly in the fishing and aquaculture industries [1][3]. Industry Impact - The Brazilian aquaculture and fishing industry, represented by the National Aquaculture and Fisheries Committee, is particularly vulnerable as approximately 70% of its lobster exports are directed to the U.S. market. The proposed tariff is expected to severely disrupt the entire fishing and aquaculture supply chain [3][5]. - The imposition of the tariff will likely lead to a reduction in orders and price pressures for Brazilian exporters, as U.S. importers are expected to pass the tariff costs onto Brazilian producers, who are already facing increased raw material and shipping costs [5][7]. Economic Consequences - Over one million people in Brazil are engaged in seafood farming, fishing, and related export activities. The tariff could result in significant economic challenges, including potential production halts as some exporters are already considering ceasing operations due to declining profits [5][7]. - A specific example highlighted is the price drop for tilapia, where the selling price fell from 40 Brazilian Reais (approximately 52 RMB) per kilogram to 26 Brazilian Reais (approximately 34 RMB), indicating a substantial loss in profitability for producers [7]. Call for Support - The industry is urging the Brazilian government to provide special credit support to help navigate the challenges posed by the tariffs, with concerns that the negative impacts will persist for an extended period [7].