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FOB Mercosur

US eagerly awaiting Trump’s tariff announcements

As has been the case for several weeks, trade flow with the United States remained at a standstill, influenced by Trump’s potential announcements and all the uncertainty surrounding the reciprocal tariffs on agricultural products that the president of the world’s largest economy was expected to unveil this Wednesday. At the Annual Meat Conference in Orlando, Florida, last week, some players in the US market speculated that Trump might exclude food items from the planned 25% tariff increase, somewhat contradicting his initial threats from a few weeks back. “I wouldn’t be surprised,” a broker noted.

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