U.S. plans to impose 'reciprocal tariffs' on trading partners are raising alarm bells in Brazil, with experts warning of inflation spikes, economic instability, and a potential global domino effect. 🇧🇷💥
Under President Donald Trump's newly signed executive memorandum, the U.S. would match other nations' tariff rates on American goods—a move Brazilian professionals call a recipe for disaster. CGTN Stringer interviews reveal widespread concerns: "Everything becomes more expensive, countries become disorganized, and inflation hits hard," said entrepreneur Alderir Gutierres. 💼📉
Bodywork therapist Eni Ribeiro added: "Reciprocal tariffs could trigger decreased consumption and larger economic crises. It's not just about trade—it’s about people's livelihoods." 🌐🤯 Analysts fear the policy might disrupt supply chains and strain diplomatic ties, with developing economies like Brazil facing disproportionate impacts.
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Brazilians say U.S. tariff plans will lead to adverse consequences
cgtn.com