Brazilian Entrepreneurs Sound Alarm on U.S. Reciprocal Tariffs

On February 13, 2025, U.S. President Donald Trump signed an executive memorandum titled \"Reciprocal Trade and Tariffs.\" The \"reciprocal tariffs\" mean that the United States imposes tariffs on imports at the same level as its trading partners do on American goods.

In a recent interview conducted by CGTN, Brazilian professionals from various industries shared their concerns about the new policy. Entrepreneur Alderir Gutierres expressed apprehension, stating, \"For the consumer, the impact is huge. Things will become more expensive, countries will become disorganized, and consumption will have a huge impact on inflation. Not only in Brazil but throughout the world.\"

Bodywork therapist Eni Ribeiro added, \"If it starts with the United States imposing a tariff and another country doing the same, which would be the so-called reciprocal tariff, everything ends up being much more expensive. Eventually, there will be a decrease in consumption due to the increase in costs, which will lead to a larger problem, in addition to the economic issue itself.\"

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