He Real Brazilian has strengthened against the US dollar after tariff ads That Donald Trump broadcast live from the White House on Wednesday.
The president of The United States reported that from April 5 it will impose reciprocal tariffs of 10% to Brazil, improving expectationS, since other regions such as China, the European Union, Japan or Switzerland will receive major rates.
On the other hand, Trump has reported that since Thursday, April 3, 25% tariffs will be applied to all vehicles made from the United States.
Read: Trump announces that 25% tariffs will impose all foreign manufacturing cars; 20% reciprocal rates will be applied to the EU and 34% to China
Reaction of the Brazilian Real
He USD/BRL has fallen after the announcement from 5,7093 to 5,6508, its lowest level since last March 20. At the time of writing, the par is quoted over 5,6657, losing 0.27% in what we have been in time.
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
