US tariffs hit Brazil’s manufacturing hub

Piracicaba, one of Brazil’s manufacturing hubs, has been hit hard by new US tariffs on heavy machinery. How are local companies coping as exports slow and uncertainty grows?

BusinessBrazil

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BusinessBrazilhttps://p.dw.com/p/5OEQ3

The consequences of US tariffs are rippling around the world, including in Brazil. In the southeastern city of Piracicaba, Tecparts Brasil, a producer of components used in agricultural machinery, heavy equipment and wind energy systems, says declining orders linked to the tariffs have already led to job cuts and diminished growth expectations. It’s one of many companies forced to reconsider long-term strategies as a consequence of US trade policy. 

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