Brazilian forestry sector faces shutdowns as tariff hike halts exports and cancels orders

Brazilian companies in the forestry export chain are already suffering a severe impact, even before the 50% tariff on Brazilian products announced by Donald Trump takes effect. One of the businesspeople interviewed by Agro Estadão reports that, in the last 20 days, he has had 120 orders canceled, resulting in a loss of approximately R$6 million. The greatest consequences affect industries operating with planted forests and processed wood, particularly manufacturers of flooring, panels, and moldings. Uncertainty over the measure's final terms has also led to a backlog of cargo at ports and factory yards, as well ...