The U.S. government announced a 50% tariff on most Brazilian goods, a significant trade policy change with potential implications for Brazilian exporters. This development introduces new complexities into international trade relations.
Despite the tariff announcement, Suzano's managing director for the Americas, Guilherme Miranda, stated on July 15 that the company has not observed any short-term impact. This indicates that immediate customer behavior or order patterns have not been affected.
Suzano is actively working on hedging strategies to mitigate any potential future effects of the tariffs. Given that Brazil accounts for approximately 83% of the total hardwood pulp imported by the United States, Suzano's proactive measures are critical for maintaining market stability and competitiveness.
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