Brazil trade surplus widens despite US tariffs

Bloomberg · 16 days ago
Brazil trade surplus widens despite US tariffs
  • Brazil exported $33.2 billion in August, up 12.2% from a year earlier, while imports totaled $25.8 billion.
  • The resulting $7.4 billion trade surplus exceeded the $7.1 billion median analyst forecast.
  • The export increase included a jump in shipments to the US despite President Donald Trump's 25% tariffs.

Quotes

Brazil posted a bigger-than-expected trade surplus in August, helped by a jump in exports to the US despite a full month of President Donald Trump’s 25% tariffs.Bloomberg

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