Global News
DE
How Trump tariffs are lowering food prices in Brazil, Mexico
['Tobias Käufer']
Deutsche Welle
Coffee is becoming cheaper in Brazil, and in Mexico tomatoes are less expensive.
Economist Douglas Eustaquio of Grupo Boticario — one of the largest cosmetics companies in Brazil — argues that tariffs are reshaping supply and demand in Brazil.
Washington imposed punitive tariffs in response to the trial, citing concerns over the suppression of opposition and free expression.
At the same time, imports climbed 12.6% to $26 billion, pushing the US trade surplus with Brazil to $2.3 billion.
Economic risks from falling pricesA similar slump in food prices is currently unfolding in Mexico, where tomatoes, for example, have become significantly cheaper recently.
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