tradingkey.logo

Brazil sees no need to announce tariff measures for now, minister says

ReutersApr 8, 2025 8:35 PM

- Brazil's Finance Minister Fernando Haddad said on Tuesday now is not the time for Latin America's largest economy to announce any measures in response to trade tariffs imposed by the United States.

Speaking at an event hosted by Bradesco BBI, Haddad said the tit-for-tat actions between the U.S. and China are unfolding daily, with uncertainty over how the escalation will end.

In this scenario, the worst thing Brazil could do is act without caution, he said.

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Related Articles

KeyAI