MercoPress. South Atlantic News Agency

Embraer likens Trump's tariffs to Covid-19 slowdown

Brazillian aircraft manufacturer Embraer, the third-largest in the world behind Boeing and Airbus, estimated that the tariffs announced by the United States against Brazil could have an impact similar to that of the Covid-19 pandemic, when the company saw a 30% drop in revenue and had to reduce its workforce by around 20%. Read full article