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Montevideo, July 18th 2025 - 18:47 UTC

Tag: US tariff

  • 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%.

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