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Brazil: Brazilian experts warn of global agribusiness slowdown amid US tariff impact

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Brazilian agricultural leaders and economists warned Tuesday that the recent U.S. tariff policy risks depressing global agricultural growth to 1.7 percent, as concerns over trade protectionism dominated a major farming conference in Sao Paulo. The Brazilian Confederation of Agriculture and Livestock (CNA) hosted a seminar, drawing nearly 300 participants, including Sao Paulo Governor Tarcisio de Freitas, industry experts, and farmers. Freitas opened the event by noting that the U.S. measures could slash global agricultural growth to 1.7 percent this year. Brazilian economist Elena Landau criticized the tariff policy of the U.S. administration under President Donald Trump as counterproductive. The experts and scholars attending the seminar said that the unprecedented trade protectionist behavior of the United States is confusing. With increasing uncertainties, countries around the world should make greater efforts to strengthen trade cooperation in agricultural products, said the seminar. CNA President Joao Martins emphasized deepening ties with China, Brazil's top agricultural buyer. Shotlist: Sao Paulo, Brazil - May 6, 2025: 1. Background wall of Brazilian Confederation of Agriculture and Livestock (CNA), National Rural Learning Services (SENAR) logo; 2. Seminar in progress; FILE: Brazil - 2025 3. Various of packaged grains in warehouse; forklift driver carrying grains; Sao Paulo, Brazil - May 6, 2025 4. SOUNDBITE (Portuguese) Glauco Jose Zamberlan, Director of International Relations, CNA (ending with shots 5-6): "[The U.S. tariff policy] impacts the whole world, not just Brazil. It impacts the transportation of goods, including maritime transportation, and impacts the financial system. Therefore, the impacts are much greater than just on exporting goods. Brazilian agriculture will also be indirectly impacted."; FILE: Brasilia, Brazil - Date Unknown 5. Monument to Independence of Brazil, Brazilian national flag; FILE: Brazil - Date Unknown 6. Various of cityscape, traffic; Sao Paulo, Brazil - May 6, 2025 7. SOUNDBITE (Portuguese) Elena Landau, Brazilian economist (starting with shot 6/ending with shots 8-9): "The trump administration's tariff policy is difficult to understand. It doesn't make sense even for the administration's governing goals. They want to protect and strengthen the American industry to some extent, but on the contrary, it will take many years for the American industry to recover from the lack of input. There are problems such as disruption of the production chain, immigration issues, and labor repatriation. Therefore, the economic goals of the Trump administration's tariff policy are meaningless. The tariff policy is a big mistake."; FILE: Brazil - Date Unknown 8. Various of harvesters working, corn, wheat; Sao Paulo, Brazil - May 6, 2025 9. Various of seminar in progress, audience; 10. SOUNDBITE (Portuguese) Joao Martins, CNA President (ending with shot 11): "Our relationship with China is becoming increasingly close. We expect China to continue to be a very important partner for Brazilian agriculture."; FILE: Brasilia, Brazil - Date Unknown 11. Various of Brazilian national flag, Three Powers Plaza (Praça dos Três Poderes). [Restirction - No access Chinese mainland]

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