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Montevideo, August 9th 2025 - 04:04 UTC

Tag: US tariff

  • Friday, August 1st 2025 - 10:47 UTC

    US tariffs: Argentina and Uruguay charged only 10%

    The new scenario could bring on some opportunities for Uruguay, Oddone noted

    As the new tariffs scheme established by US President Donald Trump became effective Friday, Uruguay and Argentina were among the least affected countries, with surcharges of only 10%, a steep difference from Canada's 35% or Brazil's 50% and a default 15% surcharge unless otherwise specified.

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  • Friday, August 1st 2025 - 10:40 UTC

    Embraer not included in Trump's 50% tariffs

    Embraer's shares went up after the confirmation

    Brazil’s aircraft manufacturer Embraer will remain outside the scope of US President Donald Trump's 50% import tariffs after aircraft, engines, aviation parts, and components appear on the list of around 700 exempt products. Last week, the company reported that the tariff would render sales unfeasible.

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  • Friday, July 18th 2025 - 10:19 UTC

    Embraer likens Trump's tariffs to Covid-19 slowdown

    Embraer has the potential to purchase US$21 billion in US equipment for the aircraft over the next five years, Gomes explained

    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%.