
Renan Pieri
Renan Pieri is a professor of economics at the School of Business Administration at Fundação Getulio Vargas (FGV-EAESP) in Brazil. He recently commented on the economic implications of the U.S. tariff policy, noting that the majority of affected products are commodities with traditionally low profit margins, which could lead to reduced investments and job cuts in Brazil. Pieri warned of a domino effect on the Brazilian economy, where decreased purchasing power among consumers may lead to increased reliance on credit and further economic challenges.
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Renan Pieri discusses the competitive nature of commodities affected by the tariffs.
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