RB/Gustavo Cruz: the withdrawal of the tariffs announced by Trump was better than many people imagined

By Camila Vech São Paulo, 11/20/2025 - For the chief strategist of RB Investments, Gustavo Cruz, the announcement by United States President Donald Trump about the withdrawal of the extra 40% tariffs on Brazilian products was very positive. "It was better than many people had imagined due to the announced percentage. We have seen a very significant drop in agribusiness over the past few months. This led to layoffs and a drop in exports," he said to Broadcast. "Brazil was going to grow less because of the tariffs." He recalls that the U.S., even though it is now the second largest trading partner and not the first like China, is still very relevant for Brazil. "It is very important that Brazil has a good trade relationship with them. And we see that even if Lula does not ...