ReferIndia News ANALYSIS-Brazil's economy ready to ride out Trump's 50% tariff

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ANALYSIS-Brazil's economy ready to ride out Trump's 50% tariff

Published on: Aug. 5, 2025, 8:31 p.m. | Source: Devdiscourse

"When it comes to industry, the ratio is four to one - four times more to Asia than to the United States," she added. SMALLER ROLE FOR TRADE Brazil is far less open to trade than most major global economies, limiting fallout from trade disruptions. Exports and imports amounted to 36% of its GDP last year, less than half the share in Mexico and nearby Paraguay, and just a quarter of the level in trade-focused Asian economies such as Thailand and Malaysia, according to World Bank data.

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