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Brazil asks USA to exempt food and Embraer aircraft from 50% tariff

$ERJ (+0,7 %)

The Brazilian government has asked the US to exclude food products and Embraer airplanes from the 50% tariff on Brazilian goods planned to take effect on August 1. This was reported to Reuters on Tuesday by a source familiar with the matter.


The request was the main topic in recent talks between Brazilian and US government officials, the source said. These included three phone calls between Brazil's Vice President and Commerce Minister Geraldo Alckmin and US Commerce Secretary Howard Lutnick in recent days.


https://de.marketscreener.com/boerse-nachrichten/brasilien-bittet-die-usa-lebensmittel-und-embraer-flugzeuge-von-50-zoll-auszunehmen-ce7c5fdeda88f623

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15 Commentaires

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Have you seen the Iveco figures? Will probably be bought unfortunately, although I don't know whether Tata is on the stock market. Would be nice if it stays on the market
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@topicswithhead
Tarta probably wants the Anelli family's share first. I think the defense division has to be sold first before a complete sale. Otherwise it will be difficult.
I will remain invested for the time being
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@Tenbagger2024 the division is being sold, isn't it?
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@topicswithhead
There are several offers, but the state has interfered and they want to keep it in Italy.
The division could well go to Leonardo and Rheinmetall
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@Tenbagger2024 As I understand it, this is already certain and only the sale to Tata is not yet 100% certain
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@topicswithhead was right was confirmed today. The only thing missing is the regulatory issue. Too bad. Another European company lost. Quite normal in the meantime
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@topicswithhead
What would I recommend now, to stay invested in Iveco or to sell now?
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@Tenbagger2024 depends on whether you can put the money to better use. The maximum you can get out now, as things stand, is 9-11% up to Q2 26 (more likely q3). If you have something that performs better then I would get out. Something can always go wrong at the same time, so 9-11% is not 100% certain. I normally always get out, but 9-11% is something. At the same time, you should ask yourself why the market doesn't reach the limit of supply. Apparently not everyone believes it.
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@topicswithhead
But actually, the sale of the Defense division should put a lot of money in the coffers.
And I think if Tarta Iveco wants to take over the company completely, they should put a decent offer on the table for the shareholders
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@Tenbagger2024 So you haven't seen the figures. The price of the defense division is fixed and is to be distributed to shareholders at €5.5 to €6. The Tata offer is believed to be €14.5. You're destroying my image of you, I thought you were already into the superficial things. These are the first four sentences on the earnings report.
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@topicswithhead
Unfortunately I'm on the road all day and busy.
Otherwise I wouldn't have asked you, why look when you know 🙈😂 and just had a quick look myself.
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