Embraer, the world's third-largest aircraft manufacturer, recently stated that if the United States increases tariffs on Brazilian imports, it would cause the cost of each aircraft purchased by U.S. airlines to increase by $9 million. The company's CEO, Francisco de Assis Neto, said that changes in aircraft prices are expected to lead to order cancellations, delivery delays, modifications to production plans, reduced cash flow, and decreased investment.
On July 9, U.S. President Trump sent a letter to Brazilian President Lula, stating that the United States will impose a 50% tariff on all Brazilian products exported to the U.S. starting August 1, 2025. Analysts believe that Embraer, as the world's third-largest civilian aircraft manufacturer after Airbus and Boeing, is one of the Brazilian companies most affected by the tariffs. (Global Times)
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