Embraer SA’s stock sunk to a session low after Chief Executive Officer Francisco Gomes Neto said the aircraft manufacturer could revise its business plan if Donald Trump’s tariffs are implemented.

Brazilian aerospace manufacturer Embraer was one of the most exposed companies to the 50% tariffs announced by US President Donald Trump. Given that more than 60% of its sales come from the US market,

By bnl editorial staff Brazilian aircraft manufacturer Embraer faces a devastating blow to its business as US tariffs threaten to add $9mn to the cost of each plane, the company's chief executive has warned.

President Donald Trump's plan for a 50% tariff on Brazilian goods is projected to increase beef prices in the U.S., a staple in American diets. The tariff may disrupt trade with Brazil, prompting importers to seek beef from other countries amid declining domestic production and ongoing supply chain challenges.