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We Talk: Brazilians say U.S. tariff plans will lead to adverse consequences
https://www.youtube.com/watch?v=x6j0rY7TozQ
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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. CGTN Stringer interviewed people from different industries in Brazil about their views on this. Entrepreneur Alderir Gutierres said, "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 said, "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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