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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.
Analysts fear the policy might disrupt supply chains and strain diplomatic ties, with developing economies like Brazil facing disproportionate impacts.
