Goldman Sachs calculates the upcoming U.S. effective tariff rate on all Brazilian imports, including exemptions, at 30.8%.
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Goldman says the Brazil tariff rate calculation includes expectations for additional sectoral tariffs.
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Goldman Sachs says tariff retaliation from Brazil would have a larger negative impact on economic activity and inflation.
This article was written by Eamonn Sheridan at investinglive.com.
