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São Paulo Faces Major Job and Economic Losses if the U.S. Goes Ahead with a 50% Tariff on Brazilian Goods

Summary by Cryptopolitan
Faced with the looming prospect of a 50% U.S. tariff set for Aug. 1, officials in Brazil’s richest state are rushing to soften the blow on local companies and jobs. Governor Tarcísio de Freitas said on Saturday that as many as 120,000 positions could disappear and gross state product might fall 2.7 % if the U.S. goes ahead with the tariff. Speaking at a forum hosted by XP Inc. in the state capital, he warned that “the possibility of Caterpillar …
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The Governor Tarcício de Freitas (Republicans) said this Saturday, 26, that the state of São Paulo can lose up to 120 000 jobs with the rate of 50% on Brazilian products to be imposed by the United States. The measure was announced by President Donald Trump and entered into force on 1 August. During participation in the... The post Tarcício alerts for loss of employment in SP with a stamp from Trump appeared first on The Antagonist.

·São Paulo, Brazil
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The governor of São Paulo, Tarcício de Freitas (Republicans), defended on this Saturday (26) two pillars for the Brazilian economy from 2026: the administrative reform and the disinclinement of revenue. “The Congress meets this agenda? Find if there is leadership”, Tarciso defended. He participated in a panel at the XP Expert on the side of the Governors of Goiaás, Ronaldo Caiaado (Brazil Union), and the Paraná, Ratinho Jr. (PSD). According to t…

·Brazil
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São Paulo Governor Tarcísio de Freitas (Republicans) stated this Saturday (July 26, 2025) that he will expand the fight against crime in the state. He promised to strengthen policing and criticized the judiciary's performance in releasing criminals. "There will be no place in São Paulo that the police won't go," he said. According to Tarcísio, his administration is expanding public security personnel, hiring 23,000 police officers. Registration …

The Government of São Paulo is preparing support measures for affected companies

·Brazil
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Globo broke the news in Brazil on Saturday, July 26, 2025.
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